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"Economies are like big battleships - they turn very very slowly. "
Jan 07 14:47 pm
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All Comments by Did U Think The Ponzi Scheme Would Last? »Government's Panicked Response to This Economic Crisis [View article]
Generally true, but the battleship has turned from going north at full speed in November 2007 to going south at full speed by Dec 2008. Since we are talking about the global economy here, that is one fast moving battleship if you ask me.