Less worse
Apparently, there are some "signs of recovery" in the world economy in recent days.
Well, economists and the US President have re-defined "recovery". Yes, unemployment is rising and bankruptcies are rising sharply. Yes, the housing market is still dead. And yes, car manufacturers and others are joining the banks and going to the government for help.
The governments themselves are not too rich either and are slowly creating a debt crisis of their own right.
But, things are getting "less worse" (a new term). That is to say, the stock markets are not falling as much as people thought, housing transactions and values are on a downward trend but not as sharp a trend as people thought, and so on.
In other words, the decline continues, but at a rate slower than some analysts were predicting.
Which could either mean stabilisation is on the way, or that those analysts panicked so much with "sell sell sell" as they did with "buy buy buy" in 2008.
My advice to everyone is not to listen to analysts, or at least to choose your analysts wisely.