The End Of The End Of The Recession
Zero Hedge is pleased to provide its perspectives on the highly pertinent topic of the ongoing recession Thispresentationhasbeenpreparedincollaborationwiththeterrificworkof This presentation has been prepared in collaboration with the terrific work of David Rosenberg, Chief Economist & Strategist, GluskinSheff Associates Inc. We believe an aggressive “fact-finding” investigation into the true depths of the recessioniscriticalduetoincreasedpressurebymembersoftheMainstream recession is critical due to increased pressure by members of the Mainstream Media and conflicted Investment Banks to present a myopic, unjustified opinion Furthermore, opinions based on overoptimistic projections and “hope” are the primary reason the Credit Bubble persisted as long as it did Ifth l l ti d l t th iti hd hd ti i If the general population and regulatory authorities had approached rating agencies about the optimism quotient in their faulty models, it is likely that the current correction would have been nowhere near as severe As there is an all too real threat of a relapse into the same kind of optimistic zeal andtheresultantformationofyetanotherassetbubble ZeroHedgeis and the resultant formation of yet another asset bubble, Zero Hedge is presenting the factual side of the story We demand that readers question any and all assumptions presented herein (as well as everywhere else) on this most critical subject Copyright © ZeroHedge Licensed under Creative Commons Attribution - CC-BY http://www.zerohedge.com
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