Trends and Entertainment

Recovery for Dummies?

So the Fed says the recession may be coming to a close, but how will you really know when it’s over? Blogger Thomas McDermott entertainingly suggests that it’s when our IRAs go back to pre-bust levels and Vladimir Putin stops referring to the U.S. as “Iceland with no ice.” He also gives props (McDermott, not Putin) to Recessionwire: You’ll know it’s over when we change our name. Hm…

Tags: economy