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View Diary: 16% unemployment is going to hurt a lot more this time (56 comments)

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  •  Argh. Roubini comes across as a chicken little. (0+ / 0-)

    Then again, so do I. So do a lot of people.

    Is the sky falling? How would we know, especially if our heads are constantly being pummelled with all this shit from above, from out betters?

    H'mm. I'm not terribly into this, anymore.

    by Knarfc on Sun Sep 25, 2011 at 11:03:33 AM PDT

    [ Parent ]

    •  The IMF's Christine Lagarde hasn't (2+ / 0-)
      Recommended by:
      Tanya, Aquarius40

      been sounding too optimistic herself lately.  I think we're a lot closer to the edge than anyone is really willing to publicly admit.

      "In a nation ruled by swine, all pigs are upwardly mobile." Hunter S. Thompson

      by Keith930 on Sun Sep 25, 2011 at 12:09:06 PM PDT

      [ Parent ]

      •  I see that too. (0+ / 0-)

        Close to the edge of entire first world nations defaulting on thier loan obligations and of other whole money centered nations disapproving of any furtherance of public financed bailouts of these banks and investors who will otherwise be taking their losses.

        H'mm. I'm not terribly into this, anymore.

        by Knarfc on Sun Sep 25, 2011 at 02:03:10 PM PDT

        [ Parent ]

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