OECD warns of worst recession since early 1980s

OECD warns of worst recession since early 1980s -- Hilarious -- try the early 1930's.....

In its half-yearly economic outlook, the Paris-based organization said economic output will likely shrink by 0.4 percent in 2009 for the 30 market democracies that make up its membership, against the 1.4 percent growth prediction for 2008.

Comment - I think their forecast for shrinkage - is much more optimistic than what will play out in reality...