I havent yet read Alan Greenspans new book, The Map and the Territory, but the reviews seems to suggest nobody saw the economic catastrophe of 2008 coming. My own observations tell me that most people are utterly bewildered at the slowness of the so-called recovery.
In the past, weve had recessions and theyve been followed by recoveries. We just had to grit our teeth and wait for times to get better.
Well, weve been gritting our teeth for half a decade now, and it hasnt gotten [...]
In the past, weve had recessions and theyve been followed by recoveries. We just had to grit our teeth and wait for times to get better.
Well, weve been gritting our teeth for half a decade now, and it hasnt gotten [...]