Tunnel Vision
Some are saying we're in for the worst recession since the early 80s. While I hope it doesn't get that bad, let's remember that even those bad days lasted around 18 months and then we pulled out and had about 18 years of solid growth (with a slight recession thrown in--the one Al Gore said was the worst since the Depression). We can't always predict the future based on the past, but we have good reason to believe, as long as we keep out heads about us and don't do anything crazy, we'll come out the other end okay.
posted by LAGuy @ 12:41 AM
3 Comments:
Warren Buffett agrees with you. Jim Cramer disagrees. I don't know about you, but I'd go with Buffett.
Jim Cramer- Why does MSM/Today Show keep conferring respectability on crazy screamers?
He's a screamer that wrote a book. I haven't read it, but it's a book, so we should believe everything he says.
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