A ‘Good’ Depression?
Paul B. Farrell’s piece, “America needs a ‘Good Depression’: Seven reasons a ‘good’ depression beats a new Great Depression“, raises some excellent points about the reason dragging out the misery of our current economic condition will only make matters worse. In fact, in the article on MarketWatch.com, he writes, “it’s coming soon, whether you like it or not!” And he supports the statement well.
Summary: You may not agree, but a Good Depression will be a good thing because it will correct many of the faults that allow our economic decline.
It’s a good read on MarketWatch.com
Posts
