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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Yorikke who wrote (36)1/8/2009 6:27:31 AM
From: TobagoJack  Read Replies (1) | Respond to of 218083
 
<<'It' Happened, but Not Again: A Minskian Analysis of Japan's Lost Decade">>

just glanced at the early posts of this insightful thread and noted your posting on 2001-9-23

now obama is only telling part of the truth. the whole truth is that at least a decade will be lost and obama will only make the losing faster and bigger and longer lasting.

bloomberg.com
Obama Warns of Irreversible Economic Decline Without Action

By Julianna Goldman

Jan. 8 (Bloomberg) -- President-elect Barack Obama warned that without immediate steps by the government to revive the economy, family incomes will drop, the unemployment rate could reach “double digits” and the U.S. risks losing a “generation of potential and promise.”