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    JUMP THE SHARK: "THE RECESSION IS OFFICIALLY OVER" 9-20-2010

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    SAVANNAH CLARK FILMS

    by SAVANNAH CLARK FILMS

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    The NBER has finally announced the most worthless and overdue piece of data, namely that somehow, miraculously, the US recession that started in December of 2007 ended in June of 2009. We have yet to hear when the distinguished Ph.D.-bearing shamans of Keynesianism at the NBER will convene to decide when the Depression that started in December of 2007 will end. Our estimate is sometime in the mid 2020s, long after the Dow hit 36,000 as news of total nuclear annihilation was priced in by WOPR. From the NBER: "The Business Cycle Dating Committee of the National Bureau of Economic Research met yesterday by conference call.