On Intrade.com, the probability of a formal recession in 2008 has fallen from the 70 percent range to the 30 percent range (via MR).
Even worse, the national unemployment rate last month fell to 5% again. Do I need to remind everyone again that this was considered full employment until some time ago?
I wonder what will be the next looming catastrophe that the Chicken Little Club will pick.
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May 6, 2008 at 3:23 am
The heart of the wise is in the house of mourning; but the heart of fools is in the house of mirth «
[...] 6, 2008 in the world out there O Paulo continua inconformado com “a pior crise dos últimos 60 anos”, e olha que quem disse isso foi o [...]
May 6, 2008 at 11:31 am
Leonardo
“entre as tradições norte americanas, como a torta de maçã e o tiroteio dentro de escolas”
One word: CRAP!
May 6, 2008 at 12:27 pm
Me
Leo
Tem que ter paciencia com o smartinho. Esse odio dele pelos EUA eh algo dificil de mudar, e para um cara que se diz racional isso deve ser uma coisa dificil de lidar.
Eh tipo cafe com leite, sabe?
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