This is CBS, I'm the World, I'm John Bachelors.

The South of France, Assette, paradise on Constantinople Europe.

Simon Constable reporting for Forbes, Barons, Wall Street Journal and other distinguished

publications.

In search of the recession, the recession guaranteed last six months was imminent coming any moment

now here in the United States.

Not yet.

Simon, a very good day to you in France.

Is there an explanation on Wall Street where everybody has paid a great deal of money

to know the future, where the recession is and when it's arriving?

Good evening to you.

Good evening to you, John.

So far no explanation for this other than causing or wanting to cause fear in the general

population.

I've been studying whether there's a recession, whether there's one imminent for a long

time now.

In fact, way back before six months to last June, which is almost a year away, I can hardly

believe it.

I've seen no sign of a real recession.

We've had a very, very, very shallow one last year that was barely noticeable, but I

look and I look and I look and I'm really wanting someone, at least one person on Wall

Street to say, hey, I was wrong.

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