Tuesday, February 5, 2008

Cartoon: Recession is Likely


"The silliest thing about all these reality deniers is that a recession -- a normal, cyclical event -- is actually healthy for the economy over the long run.

Consider how many of our current problems are due to ill-considered poorly thought attempts to avoid a cyclical recession. Not only is our mess man-made, but it was totally unnecessary."

Barry Ritholtz 2/5/2008

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