sunnsea

Top 12 Indicators That the Economy Is Still Bad

Because the bubble was even greater than in 1929, then the collapse will be worse and the response has to be more drastic. Basically, you can't worry about your carpets getting wet if the house is burning down and the firemen are trying to put out the fire..


On Jun 18 06:53 AM Peter Cooper wrote:

> If you want the Macro picture of global output and trade have a look
> at these charts which overlay the position today onto the 1930s:
>
> arabianmoney.net/2009/.../
>
> The deficits are bigger than in the 30s and the decline in trade
> is steeper - watch out below!