Recently, probably at Jackson Hole, comments attributable to Ben Bernanke indicate that the last financial crisis was worse that the depression after the big stock market crash. So now a recession is worse than a depression. Hmm.
Me thinks someone is about to launch a book and is testing sound bites. Did not hear the helicopter sounds. We’re still airborne right.
I’ll probably buy the book.
George Gutowski writes from a caveat emptor perspective.