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Wednesday, May 13, 2009

I Appreciate This Quote

It looks like those 'green shoots' which Bernanke saw were, in fact, merely fungus growing on the rot of the economy which the Federal Reserve has engineered through long term manipulation, mismanagement, and malinvestment. Source is: http://jessescrossroadscafe.blogspot.com/ A must read article, in my opinion. Also Mish, http://globaleconomicanalysis.blogspot.com/ in regard to the 1000 GM dealerships expected to fold. Larry Kudlow's Green Shoots hypothesis is about to be tested. Again in my opinion.