Market Currents
Tuesday, September 15, 2009
6:03 PM
Email this
-
Irwin Kellner shrugs off long-range estimates that peg the federal deficit at $9T over the next 10 years. "Somehow or other, unexpected developments have a way of changing what seems to be a certainty. In today's case, it could be such developments as stronger growth, greater productivity, innovation and technology."
This news story has 9 comments:
"Carry an umbrella in the boot regardless".
"Zero sum models are often wrong".
"Don't trust the predictions and promises of people with a vested interest in the outcome of a complex endeavor".
He sounds just like my great uncle, sweet man, who could make almost anything except money.