leh

This Recession's Not That Bad - And We're More Than Halfway Through

A lot of savvy prognosticators with much more data (and history of accurate calls) are saying the opposite, and see this as just the beginning of possibly a decade long hangover. Given that we've barely begun to see the fallout in the commercial real estate markets, alt A mortgage defaults, etc, never mind the already announced hundreds of thousands of lost jobs with more on the way, your forecast seems very Pollyanna-ish, to say the least.