Friday, January 30, 2009
It’s been over a year since I last posted on MacroMind. The U.S. economy entered a recession just about the time I took a hiatus from the blog and went to Argentina to examine the consequences of financial crises. I was hoping to wait until the economy began to recover before I started blogging again. Unfortunately it looks to me like the downturn will last through 2009 and beyond. The "long emergency" is upon us. There is a lot I want to talk about.