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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: ggersh who wrote (108995)2/25/2010 3:23:40 PM
From: Sunny Jim  Read Replies (1) of 116555
 
Maybe the rationale was that with bad weather, companies would just lay people off, expecting the storms to last a lonnng time. The reality is that the economic storm is going to last a long time. I won't say Bernanke ought to be shot but I do think the politicians ought to call him on some of his stupid statements. Recall when he said the sub-prime situation was well contained, only to watch it come crashing down weeks later.
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