Double dip

I sincerely believe the second dip of the double dip is under way.

Read : ; ; and many other indications.

I sincerely believe the Fed will not be able to prop up economic activity. You cannot prop up a blob of jelly, and it is no use pushing on a string.

But remember, I am an economist. I believe things because I cannot know them. And there is one constant about economists. Our forecasts or predictions are false 99.99 % of the time.

By the way 99.99 % is not a proven scientific fact either.

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