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The Almighty Buck

US Has Been In Recession Since December 2007 540

The National Bureau of Economic Research said Monday that the US has been in a recession since December 2007. The NBER is a private, nonprofit research organization of academic economists who determine business cycles. The stock market took a dip on the news that reached double-digit percentages for some tech stocks.

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Established technology tends to persist in the face of new technology. -- G. Blaauw, one of the designers of System 360

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