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What U.S. Economic Recovery? Five Destructive Myths – TIME

Nice look at what’s going on in the economy today, and how the real challenge is addressing challenges in longterm growth.

 

George ain't happy

Via Time.com:

What U.S. Economic Recovery? Five Destructive Myths – TIME.

Third Depression Watch – NYTimes.com

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.