Economic indicators have been running "near recession" since the official "end" of the Great Recession three years ago. I've been saying we've been in recession all along (see this and this), but today's manufacturing report is one of the first official indicators registering recession this year.
We're In Recession, People: US Factory Output At Three-Year Low
In other news:
Too Big To Exist: Are Banks Just "Planning Their Own Demise"?
As US Closes June With $15,856,367,214,324.44 In Federal Debt, Debt/GDP Hits Post WWII High Of 101.5%
ECOMINOES FLASHBACK: Deadbeat Uncle Sam: Bringing Down The Whole Family
Totalitarian America: Secret Service Shuts Down Eric Holder Protest
Totalitarian America 2: Twitter Ordered To Cough Up Occupy User Data
ECOMINOES FLASHBACK: Obama The Dictator: A Timeline
I Feel *So* Much Better: Drone Industry Releases "Ethics Code"
Uber-Expensive "Green Fleet" Sails, Meets Stiff Headwinds In Congress
The "Green" Premium: 620%
D.C. Blackout "Mild Taste of What Electromagnetic Pulse Attack Would Do"?
Maybe It's Because The Network Sucks? It’s Blame-Game Time At CNN
Microsoft Takes $6.2 Billion Write-Down, Slows Internet Hopes

Isn't reassuring to know that the same central bank that helped start this depression (Google "Greenspan's body count") is the same central bank that's "fixing the problem" by creating runaway inflation and enabling massive federal debt? End the damn Fed!
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