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View Diary: The Black Swan Myth (154 comments)

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  •  Agreed. (2+ / 0-)
    Recommended by:
    melo, ericy

    I think the people arguing things are better are mainly pointing out that they believe that most of the "fake" things have been uncovered and now it's just a matter of letting the chips fall where they may.

    That's not a recovery to you and me, but it's also not a systemic collapse. Having said that, I think it's a bit callous to call anything that doesn't at least include employment a recovery. Ideally, there would also be a reduction in poverty, but no one cares about that anymore. GDP, DJIA, and maybe, maybe unemployment are the only numbers anyone cares about.

    Live from the ochlocracy of California.

    by Attorney at Arms on Thu Jul 16, 2009 at 11:53:46 AM PDT

    [ Parent ]

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