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2011-10-02 — creditwritedowns.com
``ECRI has predicted a recession in the US. In the videos below, Lakshman Achuthan talks with Yahoo Finance and the Wall Street Journal about ECRI's new recession call.'' -- And as the video says, the ECRI has never made a false-positive prediction of recession. (Here is Mish commentary on how ECRI's problem is missing recessions, not being wrong when they finally do call one.)
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