Wednesday, December 27, 2006

A Must Read

This Big Picture Article. No really -- you must read it

4 comments:

RandyH said...

Bonddad-

I read it. I must admit I don't completely understand all of it, but it looked pretty spooky. Looks like a Ford-Carter recession is just around the corner. Is this your impression?

Bonddad said...

Yep. There is only so much debt an economy can take

JWC said...

Bondad, Barry is my first stop for blogs economic. Now you are my second stop for blogs economic. Of course, the first place I go every day is Kos.

By the way, how can the news from Nigeria be bad and the prez of Iran threaten us with oil and still the price of oil drops like a rock???? What am I missing?

Grandma Jo

Bonddad said...

JWC --

We've had a warmer winter. In addition, slower growth means less oil demand