Wessel: America’s Grand Deleveraging December 6, 2007
Posted by The Tryon Street Journal in Business.trackback
David Wessel wrote a great piece about the state of the economy today, and I think he’s right. Business lending aside, American consumers could use a
little lot less leverage in their lives. My view is the economy is going to slow, but won’t experience a textbook recession, especially during an election year.
hey! where did Mr. Tryon Street Journal go? Inquiring minds want to know…
I have been busy at the office… and haven’t found much good content. But thanks for asking.
Somehow i missed the point. Probably lost in translation
Anyway … nice blog to visit.
cheers, Ricochet
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Oh how the times have changed. In less than a year our economy is on the brink of recession DURING and election year….
wow, guess I was wrong. Oh well. I fluctuate between optimist and realist.