Sunday, March 09, 2008

Yes, the sky actually IS falling

Wanna read something really depressing? Also informative, of course, but also pretty much of a down trip -- Mike Whitney's wrap up of the economy, Picking Through the Rubble in Post-Bubble America highlighted by this prediction:
Expect to see the Dow hugging 7,000 by year end.
I might think he is being unnecessarily gloomy if I wasn't also reading Ian Welsh and Bonddad and Stirling Newberry. Keep your chin up!

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