The Shape Of Things To Come
April 26th, 2008 by 
reality
There’s much discussion over the “shape” of the recession. The main ideas are “V”, “U” or “L”.
I’m in the “L” camp. Or more accurately the “L____…” camp. I just don’t see what it is that will pull us out. For sure, mailing out $600 checks isn’t it. That’s a drop in the bucket. And the fundamental change from debt to savings that I see as necessary will take a long time.
On a more local level, there won’t be a month-end summary this month either due to travel.
Posted in The Economy | 
April 29th, 2008 at 4:29 pm
Quote : I just don’t see what it is that will pull us out.
The end of Irak war ?