Tuesday, May 6, 2008

Where's The Recession?

Well get into this tomorrow but this should wet our whistle. From the London Times:

Whatever happened to the Great Depression? Not the real one from 70 years ago, the lost decade of unimagined misery and Steinbeckian angst, the worst period in the history of modern capitalism. I mean the replay we were promised this year. The one we were told was the inevitable counterpart to the greatest financial crisis since a couple of medieval Italians first sat down on a Florentine bench and invented the word “bank”

I have an Obama sound bite where he says the economy is in recession or worse. Oh brother. If I can I will get it up tonight.