Monday, March 09, 2009

Another Must Read!

A raw, hold no punches look at the likely future of our economic and political reality, and let me forewarn you - it ain't pretty!

Traderview's Tedbits: The Economic & Financial NO SPIN Zone... March 9, 2009

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2 Comments:

At 3/10/2009 12:23 PM, Anonymous Anonymous said...

Here's another interesting article.

http://www.brookings.edu/%7E/media/Files/events/2009/0309_lessons/0309_lessons_romer.pdf

 
At 3/10/2009 8:12 PM, Blogger Randy said...

Interesting, but the entire argument made by the author was based on the following:

"This fact should give Americans hope. We are starting from a position far stronger than our parents and grandparents were in in 1933. And, the policy response has been fast, bold, and well-conceived. If we continue to heed the lessons of the Great Depression, there is every reason to believe that we will weather this trial and come through to the other side even stronger than before."

Which I completely disagree with - for a myriad of reasons discussed in previous writings on this blog.

 

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