Bernanke: Gro-recession, not recession

Bernanke真能忽悠,整出这么个词来,叫Gro-recession.

Gro-recession的定义就是ecomony growth is between 0%-2%. Recession is economy growth is negative.

2008年经济比俺们原来想象的还要可怕啊.Fund injection and rate cut are no longer working as effective as Fed initially thought.