This financial crisis is the transition to a new world; like birth, it is painful

Summary:   This is an attempt to gain a historical perspective on our time, speculation about our present and future — seen in terms of past cycles. Here is a surefire way to get economists’ attention:   tell them that we are only in the second “inning” of this downturn.  Their incredulity results from belief that the trough is near …

This financial crisis is the transition to a new world; like birth, it is painful Read More »

Advertisements