A few days ago, I said, "This is where I thought we were in 1999. Thanks to criminally reckless credit expansion in the interim, we're still there, only the results may be worse than I feared then." Now, Tom Madell draws comparisons between 2000 and 2007.
Few are brave enough to come out and declare the start of a bear market; but the watchword is "proceed with caution".
Showing posts with label Tom Madell. Show all posts
Showing posts with label Tom Madell. Show all posts
Thursday, January 03, 2008
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