Tuesday, April 7, 2009

So-called "Great Depression II" Fizzling?

I follow Mark Perry's popular blog, Capre Diem. I consider myself fairly liberal, and don't always agree with everything he posts. However, Mark covers a lot of ground and he makes some interesting points. I highly regard his opinion that, while the current recession is bad, the idea we're in America's second Great Depression are greatly exaggerated. A recent post postulates our housing slump may have bottomed; you can find the post here and read an argument here.

Doom boyz, you're running out of options.

- Brewskie

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