Marketplace Off Air
In case you've been wondering...
The group that gets to decide these kinds of things, the National Bureau of Economic Research, announced today that we’re officially in a recession.
And have been since December of last year.
Just a quick translation. When they say ‘peak’ in economic activity? That means it’s all been downhill from there.
- December 1, 2008 — Kai Ryssdal
- 1 comments
Latest Posts
- Keeping your gig
- Devastating job losses
- Going Down Under
- Oil skids
- Preventing foreclosure
- Highland Fling
- Fewer jobs, fewer buyers
- Paulson's new plan
- Dubai Eight Months Later
- Show me the money...
- Pink slips
- Goldman Sachs as online bank
- GM vs. Toyota
- Showdown for the showroom
- Random recession note...
- In case you've been wondering...
- Two charts...
- How bad is it at General Motors?
- The Whiteboard: How credit cards become asset-backed bonds
- Just wait for the hearings on this...
- Here's why Paulson bailed on the TARP...
- How's it going at your workplace?
- If you've been wondering...
- I'm pretty sure this is bad...
- Well, THIS is interesting...
- You've been wondering how we're going to pay for the bailout?
- If you're keeping score
- Not so easy...
- Visual guide to the financial crisis
- German prudence great for rainy days
- Obama meant it about C02
- GM gets the 'Pelosi bump'
- Some good news in the fight against AIDS
- What's your workforce strategy?
- Google leaves Yahoo deal
- Winner gets a bad economy
- Dressing up for the crisis
- We're running up an 'eco debt,' too
- Bizarre HSBC bank ad
- Dow closes up nearly 900 points
- Show me the money
- Wait 'til Bernanke sees THIS!
- Most House members' campaign cash from outsiders
- Gold ain't glimmering
- Getting naked in short selling
- Strauss-Kahn apologizes to IMF for scandal
- A look inside Marketplace
- A spoonful of sugar...
- Stand Up and Face the Music
- What are we talking about?
- Morning reading...
- Oh, the irony...
- Take the money...
- The credit crisis as Antarctic expedition
- I thought this was great...
- You must be joking . . .
- Two useful nuggets and one shameless plug...
- Now, how to put this on the radio...
- Untangling credit default swaps
- Everybody's talking...
- Can he DO that?
- I.O.U.
- Chewing on the credit crisis
- The power of youth...
- How do you say 'too big to fail' in German?
- 'Twas the Night Before...
- Crisis explainer: Uncorking CDOs
- What would you ask if you had the chance?
- How did this happen?
- Don't look now...
- If you've got some spare time...
- Hitting Close to Home
- Show me the money
- Senate Bill...
- I know who'd pony up
- Think about this for a second...
- What's good for Warren Buffett...
- Raise your hand...
- Fundamentally speaking...
- Brackets for the meltdown office pool?
- Plenty of alternative ideas for getting out of this mess
- If at first...
- Revenge, rather than stopping the bleeding
- Goldman Sachs gets big boost from Buffett
- More victims of the Wall Street crisis
- What's your opinion on the bailout?
sponsor
Comments (1)
December 2, 2008 8:08 AM PT
Kai, why should the american public rescue these guys that for the last 40 yrs told us to shutup and go to the corner. Their solution to gas crisis was gas coupons for suburbans. They told us the customer rules with the wallet. Well it is time to let the market deside to see if these overpaid “Bad” managers can make their companies survive. I very much doubt they can make a good economical car. every time they made a economical car it fell apart in comparison with the competion. I had a corvette it fell apart at 100k miles(required new engine at 125k)normal driving. I have a Toyota with 250k miles still runs not even a oil leak. Why should we maintain poor manufacturing practices. and overpaid exec.!