Thursday, July 8, 2010

Regarding This Double Dip Talk .....

The Bonddad tries to put some much needed perspective on this talk of a double-dip recession. (Thank you, Robert Reich!)

In short? Out of the woods yet? No. Doing better? Yes. Unemployment? Still too high. Housing? Too much supply. China? Could be a problem. E.U.? Another problem, but could be fixable. Washington? The Austerity police have their heads so far up their--

--I'll leave that to Krugman. He's got more Nobels than I do.