{"id":591,"date":"2008-03-13T17:22:21","date_gmt":"2008-03-13T23:22:21","guid":{"rendered":"http:\/\/www.joewhite.com\/2008\/03\/13\/i-expect-better-than-this-from-the-financial-times\/"},"modified":"2008-03-23T04:32:43","modified_gmt":"2008-03-23T10:32:43","slug":"i-expect-better-than-this-from-the-financial-times","status":"publish","type":"post","link":"https:\/\/www.joewhite.com\/ramble\/2008\/03\/i-expect-better-than-this-from-the-financial-times\/","title":{"rendered":"I expect better than this from the Financial Times"},"content":{"rendered":"<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/325ebf9c-f139-11dc-a91a-0000779fd2ac.html?nclick_check=1\">FT.com \/ World \/ US &#038; Canada &#8211; Dollar plunges to record low<\/a>:<\/p>\n<blockquote><p>The dollar plummeted to record lows and the price of gold touched $1,000 on Thursday as retail sales figures confirmed that the US is in recession and concern intensified about spreading distress in the hedge fund sector.<\/p><\/blockquote>\n<p>The <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/13289614-f104-11dc-a91a-0000779fd2ac.html\">retail sales figures to which the piece referred<\/a> showed a 0.6 percent decline for the month of February; a <a href=\"http:\/\/en.wikipedia.org\/wiki\/Recession\">recession<\/a> is two or more quarters of decline back to back, and since <a href=\"http:\/\/www.bea.gov\/newsreleases\/national\/gdp\/gdpnewsrelease.htm\">last quarter most likely saw an increase<\/a>, it is much too early to declare we are in a recession, especially when <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/5ac5e03a-e344-11dc-803f-0000779fd2ac.html\">many economists believe we will avoid one<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FT.com \/ World \/ US &#038; Canada &#8211; Dollar plunges to record low: The dollar plummeted to record lows and the price of gold touched<\/p>\n","protected":false},"author":647,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[10],"tags":[],"class_list":["post-591","post","type-post","status-publish","format-standard","hentry","category-stupid-media"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pekNN-9x","_links":{"self":[{"href":"https:\/\/www.joewhite.com\/ramble\/wp-json\/wp\/v2\/posts\/591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.joewhite.com\/ramble\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.joewhite.com\/ramble\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.joewhite.com\/ramble\/wp-json\/wp\/v2\/users\/647"}],"replies":[{"embeddable":true,"href":"https:\/\/www.joewhite.com\/ramble\/wp-json\/wp\/v2\/comments?post=591"}],"version-history":[{"count":0,"href":"https:\/\/www.joewhite.com\/ramble\/wp-json\/wp\/v2\/posts\/591\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.joewhite.com\/ramble\/wp-json\/wp\/v2\/media?parent=591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.joewhite.com\/ramble\/wp-json\/wp\/v2\/categories?post=591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.joewhite.com\/ramble\/wp-json\/wp\/v2\/tags?post=591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}