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Politics : THE WHITE HOUSE
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: GROUND ZERO™ who wrote (23126)10/3/2008 2:43:57 PM
From: DuckTapeSunroof  Read Replies (1) of 25737
 
"It's not a pretty picture..."

Maybe not but boom/bust cycles are fairly normal with Capitalism.

(IMO, what has vastly exacerbated the normally-expected boom/bust cycle is the overlay of a global Credit Crisis... and the collapse of a massive Liquidity Bubble. "Sub-prime" may be a triggering factor but, in the context of the total problem, it is but a smaller part.)
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