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Old 15-05-2009, 16:08   #10
Celestialsailor
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Quote:
Originally Posted by TaoJones View Post
I'm pretty sure Dan and I began our economic discussion late summer/early fall 2007 after I posted my observation that the American economy had been teetering on the brink of catastrophic collapse for 35 years. As to when the recession will end, well, I'm sorry to report that it will end when people realize it's actually a depression.

As to when that will end . . . uhm, are you sitting down? . . . OK - not soon, and not in the way most seem to think and hope, with a return to "the way it was." Alas, those days are gone forever.

Sorry.

TaoJones
I actually heard that today also...The spin doctors are talking end of 2010 for the recession. The analysts are talking the d-word and saying many years and forget about the good old days...
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