Monday, February 15, 2010

This recession is different.....

..than other post war recessions. Very similar to the Great Depression, though. Gee, was that Barack Obama who was handing out 'progressive' histories of FDR to his staff? Sounds like another "Dumb Over"*

This Forbes article gives the best graphical explanation of our current 'capital strike'.

*Trying to solve a problem by doing exactly the same thing that failed last time is a "Dumb Over"

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