Showing posts with label Great Depression. Show all posts
Showing posts with label Great Depression. Show all posts

Friday, June 10, 2011

Double Dip?

Certainly seems like we're headed that direction given the latest economic data releases. I don't see much help coming from our government (that includes both parties), despite their ability to further stimulate a recovery.

Time to panic? You Betcha.

It really can't be said too many times, there is NO debt crisis and austerity WILL make things worse. That is my official position. I really hope our nation figures it out before we repeat the mistakes of the Great Depression and the Lost Decade of Japan.