Obama's economy is on cue and heading to a 2008 sinkhole
-Geaux
---------
You Are Here | Zero Hedge
It's definitely different this time...
The 2008 analog lines the current trajectory up with August 2008 right after Treasury Secretary Paulson told the world reassuringly that:
"Our economy has got very strong long-term fundamentals. And you know, your policy-makers and regulators here - we're very vigilant."
And we all know what happened next...
Could never happen again?
Yeah you're probably right...
-Geaux
---------
You Are Here | Zero Hedge
It's definitely different this time...
The 2008 analog lines the current trajectory up with August 2008 right after Treasury Secretary Paulson told the world reassuringly that:
"Our economy has got very strong long-term fundamentals. And you know, your policy-makers and regulators here - we're very vigilant."
And we all know what happened next...
Could never happen again?
Yeah you're probably right...