Mon 8 Dec 2008
I keep quoting John Hussman because he adds a fresh perspective to the headlines and news articles from other sources…
This is not to minimize the prospects for a further economic downturn, but to say that this is ?the worst economy since the Great Depression? is like blowing up a crate of dynamite on the Nevada Proving Grounds and saying it is the worst explosion since the detonation of the atomic bomb there. Even if the statement is accurate, the comparison is absurd.