Hooray, the Bust Is Back

Joy to the World, the market has started to crash again. It was a tough time, that previous week, when the market gained back some of its previous beautiful losses. It was painful to watch the remnant of bulls crow, and see bears inching gingerly back to their caves. The press subtlety shifted away from its thrilling apocalyptic tone — with the inevitable warnings of the coming Great Depression — back again to the same insufferable nonsense about how recovery is just around the corner. We’ve been hearing that since April 2001! Ah, but what a gift this week has … Continue reading Hooray, the Bust Is Back