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Double dip recession is in the offing
U.S. unemployment rate ticks up to 9.5% as nonfarm payrolls shed 467,000 jobs in June. MSM spins this as a positive news. But I suspect that we will see another increase in unemployment numbers in the near future.
More on this soon…
Posted: 07|2|09 at 9:25 am. Filed under: Economy. Pinging is currently disabled.





![Freakonomics[Revised and Expanded] Freakonomics[Revised and Expanded]](/images/21xRHBWYYML.jpg)













July 18th, 2009 at 1:20 am
Hi manhattanguy,
Speaking of double dips, thanks for thinking of The Great CNBC Sucks on the Ritholtz blog when there was a MarketWatch article about Maria Barforomo and Erin “I Will Shower Later” Burnett. The Great CNBC Sucks retired for the 300,001st time from the Ritholtz blog on July 12, 2009, and hopefully this one will stick.
http://www.ritholtz.com/blog/2009/07/bye-bye-geocities/comment-page-1/#comment-192653
Nevertheless, whenever you feel inclined or just want to annoy any Libertarians, just mention The Great CNBC Sucks. You do not need to link anything or even write a coherent, much less relevant, sentence. Just write “The Great CNBC Sucks lives” or “The Great CNBC Sucks is a super cool dude”. People will think you are odd, but you will stroke my narcissism and Ritholtz will approve it because Barry Wuzzy misses The Great CNBC Sucks.
With thanks,
The Great CNBC Sucks