According to this week's The Economist (Jan. 12th-18th, 2008) magazine, pg 67: "Warning Lights," America appears ready for the R-word: RECESSION, according to its "R-word index" formula. The Economist's simple formula, based on how many uses of the word, "recession," appear in both the Washington Post and New York Times, supposedly predicted both the 1981 and the 2001 recessions. The R-index began rising in 2nd quarter 2007 and is soaring in 1st quarter 2008. If this jump sustains itself for this quarter, it will be in line with the R-indexing period leading up to the 2001 recession. Turn off your TV, burn your newspaper, cancel the magazine subscriptions, America...
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