Thursday, May 26, 2011

Blogging With One Hand

It’s always something. My body continues to betray me. I sprained my right wrist in a most unmanly fashion. So, I suspect, I won’t be very longwinded these days.

Krugman. Yada, yada.

Third Depression Watch

”Neither the Long Depression of the 19th century nor the Great Depression of the 20th was an era of nonstop decline — on the contrary, both included periods when the economy grew. But these episodes of improvement were never enough to undo the damage from the initial slump, and were followed by relapses.

We are now, I fear, in the early stages of a third depression.”

That was written almost a year ago. Read. Krugman. “Lost Decade”. Yada, yada.

Don Brown
May 26, 2011

No comments: