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Krugman is finally using the word "Depression" to describe the global economy...
Its about time that we quit calling this a "Recession"...a recession is a cyclical slowdown... This is a permanent and structural decline... Nothing the FED has done is working...and it really can't work...
I describe it as putting jumper cables on the battery...without noticing that the car has no engine... Wall Street moved the "engine" to China...!
And in fact...the FED IS JUMP STARTING China to some extent...!
I say let Romney have this economy...! Pottery Barn Rules...Baby...Pottery Barn Rules.
Krugman is finally using the word "Depression" to describe the global economy...
Its about time that we quit calling this a "Recession"...a recession is a cyclical slowdown... This is a permanent and structural decline... Nothing the FED has done is working...and it really can't work...
I describe it as putting jumper cables on the battery...without noticing that the car has no engine... Wall Street moved the "engine" to China...!
And in fact...the FED IS JUMP STARTING China to some extent...!
I say let Romney have this economy...! Pottery Barn Rules...Baby...Pottery Barn Rules.
