Sunday, April 15, 2012

Still waiting for recovery?

Jim Quinn makes an observation at
Watching pompous politicians, egotistical economists, arrogant investment geniuses, clueless media pundits, and self- proclaimed experts on the Great Depression predict an economic recovery and a return to normalcy would be amusing if it wasn’t so pathetic.
Not only is there darn little political will to fix what's broken, cycles of history are also in play. Too many people interpret the world based solely on the experience gathered in their lifetime. History's viewpoint has a much wider time frame. I don't know if things will be as bad for as long as Quinn believes, but his writings may broaden your perspective. It's highly unlikely a quick fix is just around the corner. Prepare yourself for at least the possibility we're in for a very long, lean spell.

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