CLEARLY, THE GLOOM AND DOOM REPORT WAS RIGHT ALL ALONG...JUST IGNORED BY THE MSM...
BUT THAT'S OK...THE OLD GLOOM AND DOOM ARCHIVES ARE STILL AVAILABLE FOR ANYONE TO READ...
NOT ONLY HERE AT BLOGGER...BUT ALSO WAY BACK AT THE ORIGINAL YAHOO GROUPS SITE IN THE OLD DAZE...!
THE INTERESTING THING ABOUT GLOOM AND DOOM IS THAT IT WAS ALWAYS RIGHT...AND AMAZINGLY RIGHT FOR THE RIGHT REASONS...
WHAT WAS OUR SECRET...?
WELL, I'LL TELL YOU...BUT IT'S A SECRET...SO SHHHHH....!
HISTORY! PLAIN OLD VANILLA ECONOMIC HISTORY...AND A BASIC KNOWLEDGE OF MACROECONOMIC THEORY...
GREENSPAN WAS OUR MODERN INCARNATION OF FRANCE'S JOHN LAW OF THE 1720'S...
IT WAS ALL TOO TOO OBVIOUS FOR TOO LONG THAT THE WALL STREET ZIONISTS WERE DOING A NUMBER ON THE AMERICAN ECONOMY... WHILE THE AMERICAN STUPIDS WERE WALLOWING IN REPUBLICAN BULLSHIT ABOUT BEING THE PARTY OF JESUS...
IT'S ALL HERE...NEARLY 10 YEARS OF IT...ALL IN THE ARCHIVES OF GLOOM AND DOOM...UNTOUCHED. A CAUTIONARY TIME CAPSULE FOR FUTURE GENERATIONS...
THE GLOOM AND DOOM REPORT SHOULD BE PLACED IN THE SMITHSONIAN INSTITUTION FOR FUTURE GENERATIONS...
AS A LONG-RUNNING ECONOMIC COMMENTARY MADE DURING THE GREATEST BUBBLE SINCE THE 1720'S...ALL "HOT OFF THE GRILL" UNREVISED .... JUST AS IT HAPPEN...
READ IT... SAVE IT FOR THE FUTURE...
A CAUTIONARY TALE TOLD BY A CASSANDRA...YET AGAIN...