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It turns out that the U.S. economy actually shrank in the fourth quarter at a stunning 6.2-per-cent annual clip. It was the worst such nosedive since the grim early months of 1982 and only the fifth time a negative quarterly number has exceeded 6 per cent since the green eye-shade brigade began keeping track of such things more than 60 years ago.

Posted: 2/28/2009 12:00:00 AM   Reads: 356   Submitted By: 0x6a656666   Source: business.theglobeandmail.com Category: Alternative Spirituality