Jude’s Threshold

A Tapestry Blog of Art, Astrology, and Politics

When Roubini speaks people listen

U.S. Should Enact $400 Billion Stimulus, Roubini Says

~
By John Brinsley

~
Roubini, who predicted the current financial crisis in 2006, said the
economy risks falling into “a self-fulfilling animal spirit recession that
is more severe than otherwise” because of the collapse of credit markets and
weak consumer and corporate spending.
http://www.informationclearinghouse.info/article21107.htm

~:~

“Animal spirit recession”? That sounds like primal fear to me.

Now Stop It! Hoarding is the worst thing to do right now and I know yo Mama told ya that just because a bank’s chairman of the board hoards us off a cliff doesn’t mean you should, too.

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