February 05, 2010

The recession: V or W shaped?

The whole world has been wondering for months if the recent market surge is the sign of a recovery or just part of a double-dip recession. In other words are we really out of the woods or are we witnessing a bearish rally just like in the 1930's.

We have now designed the ultimate test to allow you to answer that question unequivocally. Just answer yes for each of the following statements which you reckon is true:
  1. I got a pre-declined credit card in the mail
  2. I ordered a burger at McDonald's and the kid behind the counter asked, "Can you afford fries with that?"
  3. CEO's are now playing miniature golf
  4. If the bank returns your check marked "Insufficient Funds," you have to call them to check if they meant you or them
  5. Hot Wheels and Matchbox stocks are trading higher than GM
  6. McDonald's is now selling a 1/4 ouncer
  7. Parents in Beverly Hills have now fired their nannies and learned their children's names
  8. A truckload of Americans was caught sneaking into Mexico
  9. Motel Six won't leave the light on any more
  10. The Mafia is laying off judges
Now you get one point for each question where you answered yes. If you score more than 6, we are definitely in a W-shaped recession. If you score less than 4 then you can safely say we just came out of a V-shaped crisis. In between... well, sometimes even the most sophisticated tests fail to bring you an answer!

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