[Homestead] Goldman Sachs Forecasts "Deeper" Recession

Lynda lurine at softcom.net
Sat Oct 4 02:35:12 EDT 2008


Yeah, then use the method used prior to 2001.  Makes the unemployment rate
closer to 16%!

Lynda
----- Original Message ----- 
From: "Don Bowen" <don.bowen at earthlink.net>


> Are you ready for it?
>
> http://calculatedrisk.blogspot.com/2008/10/goldman-sachs-forecasts-deeper.ht
> ml
>
>
>
> "A major change in the Goldman outlook is the increase in the unemployment
> rate to 8% in 2009 (their previous forecast was for unemployment reaching
> 7%
> in 2009)."
>
>
>
> Don Bowen  KI6DIU
>
> http://www.braingarage.com/Dons/Travels/journal/Journal.html
>
>
>
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