McCarthy, who coined the phrase in late 2008 as evidenced by his domain name ClassTrip.org, is seeking $10,000,000 from the International Monetary Fund for the public use of his trademarked phrase 'Great Recession'. "I was clearly the first individual to coin [and trademark] the phrase 'Great Recession' and I intend to seek damages from the International Monetary Fund through the U.S. court system," added McCarthy.
In addition to a short clip highlighting 'The Great Recession'(TM)
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