US Recession Becomes Official

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Uploaded by on Dec 1, 2008

The National Bureau of Economic Research says the U.S. has been in a recession since December 2007. December 2007 was the official start of this downward trend. A Global Recession typically last 18 months.

From Dec 1/08

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Uploader Comments (liberalbias100)

  • from when is this?

  • This is from Dec 1/08

    My bad for not adding the date in the description :)

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  • Well about 4 years later from when the Great Recession began, we are heading into another one according to the Economic Cycle Research Institute.

  • I fucking love Ali Veshi! He tells you straight up that we're all fucked and to prepare.

  • well good morning sheeple...geez it takes media to tell you this..omg we are doomed

  • peter schiff of course....!

  • was it not paul schiff around 6 months ago calling bernanke a liar, and said that they manipulated the numbers, and that the US already was in a recession?!? looks like that he has been the most accurate on predictions, and he's now predicting a total meltdown of the American economy.....Good luck you guys:-(

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