40 Years In The Deserr
The Further Adventures of Matthew Saroff,
Itinerant Engineer
Tuesday, April 8, 2008
RGE - The US Recession: V or U or W or L-Shaped?
Nouriel Roubini is asking
what will be the shape of the US Recession
:
V, recession followed by recovery.
U recession with a dwell at the bottom.
W double dip.
L-Shaped, it just drops and stays there for a very long time, like Japan.
I find this irrelevant. What matters is that everything is going pear shaped right now.
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