Bernanke thinks there might be a recession – duh!

Fed boss says recession possible.

Its a bit worrying when the big cheese is pussyfooting around with language like “we’ll have to wait till the data is in” and “the economy might shrink in the first and second quarter”  and ” a recession is a technically defined term” …

When the ship is in trouble, you need all hands on deck and the captain better get out of his cabin, because when it goes down everyone sinks.

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