John Steinbeck overstated the Dust Bowl? All those tears that never shed, I'm gobsmacked
Turning to my favourite blogger Mish, he reckons the US is in recession which he will definitely without reservation confirm this month when he gets new unemployment statistics.
Predicting the US economy is like predicting their elections - in the latter case there are all those states and their different voting arrangements. In the economy there are all the different centres of economic data from different govt agencies who use their own methods on different sectors of economic activity.
