Many of you have heard me make this same statement many times in our economics summits and otherwise during the last few months. That's because I'd heard some of this from my grandparents, and also read about the causes and depth of the economic contraction in the 1930s.
This guy does a far better job than my casual rhetoric and occasional statistic. It's very much worth a read considering our current situation...
This Is Not Another Great Depression Part 1
... seeking simple answers to complex problems, and in the process, disrupting the status quo in technology, art and neuroscience.
Monday, May 11, 2009
This Is Not Another Great Depression
Posted by Sudden Disruption at 4:16 PM 0 comments
Labels: Economics, Housing Bubble
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