“We should never despair, our Situation before has been unpromising and has changed for the better, so I trust, it will again. If new difficulties arise, we must only put forth new Exertions and proportion our Efforts to the exigency of the times.” —George Washington
Friday, May 29, 2009
Oh Happy Day!
Roubini, the dark seer of the economy, is predicting an ironically named "W" shaped recession. Just when you thought it might get better, Nouriel is saying "not so fast."
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