Friday, March 7, 2008

optimism defeict

the reality is that the economy is struggling a bit. but it remains to be seen exactly how much. many believe that if we are not already in a recession that one is on the horizon. but how much of this is based in fact and empirical data, and how much is fueled by a self sustaining circle of gloominess?

check out this article. it makes a fairly strong argument. all i know is that whatever the cause, the economy is limping at the moment. what happens tomorrow and beyond is anyone's guess. well, anyone but me.

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