L-ish economic prospects

New York Times by Paul Krugman | Jul. 18, 2008 (Opinion)

Home prices are in free fall. Unemployment is rising. Consumer confidence is plumbing depths not seen since 1980. When will it all end? The answer is, probably not until 2010 or later. Full Story »

Posted by Derek Hawkins

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Stephen Pizzo
4.1
 by Stephen Pizzo - Oct. 1, 2008

Columns like this act as a sobering counter-weight to the "whistling past the graveyard" analysis we get from government officials. Things are far more serious than anyone in government will -- or can-- openly admit.

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