Money Supply – December 2009 – Early Double Dip Recession Signs?
The true money supply has grown to $2,232 billion in December 2009.
The annual growth rate has now slowed down to 3.2%:
A sustained drop below 3% is most of the time a good recession indicator. Given that we are still in a recession which may be declared over soon, this may be just another indicator of the coming double dip recession, as I have outlined a few days ago.
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Related posts:
- Money Supply – November 2009
- Obama Prepares US For Double Dip Recession
- Roubini Sees Risk of Double Dip Recession
- Money Supply Growth – December 2008
- Money Supply Growth – May 2009
- Money Supply – August 2009
- Money Supply – September 2009
- US Money Supply – February 2009
- Money Supply Growth – July 2009
- Money Supply Growth – March 2009
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