Monday, October 20, 2008

Interesting Graph

Rationing and Depressionomics

Sadly, some risk exists that financial events could still unfold like a proverbial “dam break.” This might leave policymakers treating very serious and lasting damage to the financial system, rather than preventing further erosion. With no desire to exaggerate, this might be considered the “financial pre-conditions of a depression” as improving financial conditions are a pre-condition of a cyclical recovery

Posted by stevie dee @ 11:28 PM (475 views)
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