“It will be a long slog -- a matter of years -- with the risk of some relapses along the way."
Wired's Long Boom cover story was one of the most insipid things that they ever printed. It was clear the minute you saw it that the exact opposite was going to happen. I think "The Long Slog" would be a more apt name for the present era. In 1997 I was a student. By the time this slog is over, I will be an old man. Volcker Sees ‘Long Slog’ for U.S. Economy, Seeks Bank Limits - Bloomberg.com |