How's the economy? Slowing, strong possibility of a real recession

BAN Prosperity Index shows all the gains flowing to the very rich and non-sustainable growth.

Inverted yield curve points to a second Bush recession after never completely recovering from his first one. Almost every time the short term rates have exceeded long term rates, which is what seems to be happening now, there is a recession.

"Regardless of which school of thought the Fed follows, one thing seems certain: this economy is heading for a slowdown."

The best S&P can say is maybe 2005 won't be that bad.

Warning signal. Someone else has also spotted this at Daily Kos - the coming recession.

This is where I first heard we were getting an inverted yield curve situation - on NPR.