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U.S. Great Depression?

Posted on April 01, 2008

Leave it to the British to hit the economy with such a bold declaration. Granted, in the United States all policy makers are very fond of saying something to the effect that this situation and the subsequent policy reactions are the most drastic since World War II. World War II? We think this is a polite way of saying since the Great Depression, while hoping folks won t go all panicky on the situation as they load their bunkers and prepare for the worst. Granted, contemplating the concept of bunker has been more or less what Vigilant Investor has been doing since April...

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