England, the math is simple, the calculation complex.

Here's a story from Bloomberg that is a stark warning to the US as the Eurozone once again is dipped into recession, this time England.

From Bloomberg:

"Britain’s economy shrank more than initially estimated in the fourth quarter, complicating the task of the Bank of England as a split deepens among policy makers on whether to withdraw stimulus.

Gross domestic product fell 0.6 percent from the previous three months, compared with an initial estimate for a 0.5 percent drop, the Office for National Statistics said today in London. "

The simple math, 4th quarter came in at 0.5%, it's been revised down 0.6% leaving GDP at -0.1% or in contraction.