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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (23780)2/17/2005 10:46:55 AM
From: Tommaso  Read Replies (2) | Respond to of 116555
 
"Altogether, the circumstances seem as dangerous and intractable as I can remember," Volcker said during a keynote address at the second annual summit of the Stanford Institute for Economic Policy Research. "But no one is willing to understand [this] and do anything about it."[...]

Coming from the person who cleaned up the last really big financial mess and made possible the boom of the 1980s and 1990s, that's a devastating criticism. It makes me feel less like a wild-eyed doomcrier.