GDP in the OECD area fell by 1.5% in Q4: Largest fall since 1960 or earlier

Gross domestic product in the OECD area fell by 1.5% in real terms in the fourth quarter of 2008 compared with the preceding period, the largest quarterly fall since OECD records began in 1960, according to preliminary estimates.

posted at 5:11 pm
on Feb. 23, 2009

Overheard

“The sad truth is that most evil is done by people who never make up their minds to be good or evil.”

...who said it?

“Almost every American I know does trade large portions of his life for entertainment, hour by weeknight hour, binge by Saturday binge, Facebook check by Facebook check. I’m one of them. In the course of writing this I’ve watched all 13 episodes of House of Cards and who knows how many more West Wing episodes, and I’ve spent any number of blurred hours falling down internet rabbit holes. All instead of reading, or writing, or working, or spending real time with people I love.”

...who said it?

“Live a good life. If there are gods and they are just, then they will not care how devout you have been, but will welcome you based on the virtues you have lived by. If there are gods, but unjust, then you should not want to worship them. If there are no gods, then you will be gone, but will have lived a noble life that will live on in the memories of your loved ones.”

...who said it?

“I play with variables constantly.”

...who said it?

“Only the person who has learned Continual Love coming from a heart of Gratitude/Worship can effectively deal with the problem of loneliness.”

...who said it?

GDP in the OECD area fell by 1.5% in Q4: Largest fall since 1960 or earlier

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