Minos Posted July 9, 2009 Share Posted July 9, 2009 The "experts" cannot even agree whether it will be over as soon as Christmas making the Great Recession/Depression the shortest lived financial crash in history or whether it will linger on for the usual 5-7 years:FWIW, I see the current situation as Wiley Coyote having fallen of the edge of the cliff but he is hanging onto a slim branch ready to continue the drop to the bottom of the chasm. Professor Herbert Krappenschitz described this situation as the "ledge phenomena" ("Die economie ist kaput, ganz sicher" 2008). You really think this will blow over in the "usual" 5-7 years? Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.