I found this interesting article in my google search list this morning. It is interesting for the contrast between what news readers on the broadcast news said yesterday about Nouriel ('Dr. Doom') Roubini's comments and what Richard Gwyn reports in his opinion piece. Last night the newspeople were almost euphoric in reporting the Roubini had predicted the end of the Great Recession by mid-2010. Oh, MY GOD--only a year away. Joy and celebration!! Well, maybe not. Gwyn says that Roubini is actually predicting a double-dip recession--a bit of a recovery followed by a second recession. THAT sounds like the Doctor Doom several of my favorite bloggers know and love. And, if you want Roubini's ideas straight from the horse's mouth, you can read them here.
That's all for now.