Archive for November 6th, 2009

QOTD

Friday, November 6th, 2009

If you discovered that the economy was being driven by a flawed theory would you:

a) Devise a new theory and put it into practice?

or

b) Attempt to artificially recreate the conditions that allowed the flawed theory to work?

When I hear the latest reports on new home sales and new car sales I tend to think that everyone is crossing fingers for the latter.

Reinflate the bubble!