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Larry House is a
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1303 comments
Rating: 2371
(4362 
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1991 
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1991 )
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Even if all the initiatives pull us out of this recession relatively soon, what will the damage be to monetary soundness for decades to come? We are living through a once-in-a-lifetime deleveraging of consumer spending and bank balance sheets. There will be no "return to normal" because we are going to see a new normal. What companies will be able to earn in the future is pure guess work at this time.
Dec 01 14:05 pm
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All Comments by Larry House »Seeking an Historical Precedent for the Current Crisis [View article]