Recession – Business as Usual

Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending.
Nassim Nicholas Taleb,

Recently released government economic statistics covering 2010, the first year of real recovery from the financial collapse of 2008, found that fully 93 percent of additional income gains coming out of the recession went straight into the wallets and purses of the top 1 percent.
Eric Alterman

www.ritholtz.com/

Original Article is http://recessionalert.com/world-recession-update/

Recession is when a neighbor loses his job. Depression is when you lose yours.
Ronald Reagan