Economist Paul Krugman, a Cliff Küle M-AA*, sees current parallels with 1931 when many thought the worst was over with an uptick in the economy... but as seen in the chart above, Paul says that "doesn't mean the worst is over" and that nothing points to a "turnaround this year, or next, or for that matter as far as the eye can see"... http://krugman.blogs.nytimes.com/2009/03/31/partying-like-its-1931/
Tuesday, March 31, 2009
Feels Like 1931
Economist Paul Krugman, a Cliff Küle M-AA*, sees current parallels with 1931 when many thought the worst was over with an uptick in the economy... but as seen in the chart above, Paul says that "doesn't mean the worst is over" and that nothing points to a "turnaround this year, or next, or for that matter as far as the eye can see"... http://krugman.blogs.nytimes.com/2009/03/31/partying-like-its-1931/
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