FREEDOM FORUM: Discussion

Nouriel Roubini warns against Japan-like L-shaped near-depression

2-06-09 • bi-me.com/

Keep alive zombie banks and zombie corporations with balance sheets and debts that haven't been restructured, as in Japan, and you end up in an L-shaped near-depression, Roubini said.

Make a Comment

Comments in Response

Comment by foundZero

Entered on: 2/6/2009 2:28:52 PM

Oh ok. A near-depression. Not a severe recession but a "depression lite". Perhaps a quasi-depression or a semi or demi-depression. An L depression. Or a Y depression as in "why keep inventing terms for stuff you really don't understand?"

I'm looking for a U-shaped depression, or perhaps a U-Me-shaped depression with U and Me in the bottom and THEM doing just fine up on top. I just calls 'em like I sees 'em.

Make a Comment

Freedoms Phoenix

Online Magazine

Join-Us

Newspaper

Phone Apps

Declare Your Independence with Ernest Hancock

Live Broadcast

Declare Your Independence

MENU

FREEDOM FORUM: Discussion

Nouriel Roubini warns against Japan-like L-shaped near-depression

Comments in Response

FreedomsPhoenix.com