Anyone care to translate that for me? It sounds bad.
Posted by armand at September 30, 2008 01:51 PM | TrackBack | Posted to EconomicsIt's all bad. It will continue to be bad until it isn't, and if past crises are any guide the transition will be abrupt, unexpected, dramatic, and come at the moment the doomsaying peaks.
Of course, that could be in a few days, or in 2016. I don't know and neither does anyone out there prognosticating.
Posted by: jacflash at September 30, 2008 03:01 PM | PERMALINK