Ben Bernanke … deserves to be reappointed. Both the conventional and unconventional decisions made by this scholar of the Great Depression prevented the Great Recession of 2008-2009 from turning into the Great Depression 2.0.

Too bad we’re not out of the woods yet. Great Depression 1.0 took five years to see the stock market hit bottom and things to really hit the fan – after a few bear market rallies like the one we’re seeing now.

Tags: depression 2.0, failout, lies lies lies, LIES!!, wild speculation, yes this is really how I amuse myself

This entry was posted on Monday, July 27th, 2009 at 03:17.