Nice look at what’s going on in the economy today, and how the real challenge is addressing challenges in longterm growth. Via Time.com: What U.S. Economic Recovery? Five Destructive Myths – TIME.
When Paul Krugman is worried, I get worried. Ru-roh, Raggy! “We are now, I fear, in the early stages of a third depression. It will probably look more like the Long Depression than the much more severe Great Depression.” Link to full article: Third Depression Watch – NYTimes.com.