Maxioms by James Annable
Everything was out of balance and part of figuring out where we are now is figuring out where we were read more
Everything was out of balance and part of figuring out where we are now is figuring out where we were and how many imbalances were built into the economy.
The great problem with doing that in real time is people live in real time and almost everybody's default forecasting read more
The great problem with doing that in real time is people live in real time and almost everybody's default forecasting method is to extrapolate the recent past.
The economy is not in a recession. This economy had enormous spending imbalances that it had to work out.
The economy is not in a recession. This economy had enormous spending imbalances that it had to work out.
He [Greenspan] is going to say we're not in a recession, but the risks are very, very high,
He [Greenspan] is going to say we're not in a recession, but the risks are very, very high,
They will be cutting (rates) until they get some signs of rebound,
They will be cutting (rates) until they get some signs of rebound,