fort wayne right Weblog

REAL REPUBLICANS FOR REAL CHANGE

OVERSTOCK CEO CALLS RECOVERY FAKE

Posted by zeakster on August 10, 2010

Byrne said he thought that the economic recovery was fugazi (“fake”), saying June and July were softer than what he would have expected; growth rates are now holding. “There’s now these numbers coming out, and I think more people are aware that the recovery is fugazi. But I never believed in it, and I think it started to manifest itself in consumer spending as far as we could see starting in June.”

http://www.auctionbytes.com/cab/abn/y10/m08/i10/s01

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