Tuesday, March 04, 2008


This article goes briefly through Roubini's twelve points on how a global recession (depression) is on its way.

At the end, the author asks "Can anyone stop this classic Shakespearean tragedy before the dramatic climax? Probably not, says Roubini."

I'm sure Feckless Leader would take issue with Roubini, covering one's ears and shouting "Everything's great!" has always worked for him.
(h/t srg)


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