Posted by: João | June 19, 2009

The recession tracks the Great Depression

“Green shoots are bursting out. Or so we are told. But before concluding that the recession will soon be over, we must ask what history tells us. It is one of the guides we have to our present predicament. Fortunately, we do have the data. Unfortunately, the story they tell is an unhappy one.”

Lá está este pessoal pessimista…

Link


Leave a comment

Categories