If you want to know where we are right now, rent the movie “Jaws.” We’re at that moment when Roy Scheider first sets eyes on the Great White Shark and comes back and says to the skipper, with eyes wide with fear: “You’re gonna need a bigger boat.”
--Thomas Friedman
10 Friday AM Reads
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My end-of-week morning reads: • The Credit Market Lens: Rich Spreads, Cheap
Treasuries, and an Incomplete Explanation: The evolution of credit spreads
re...
1 hour ago
2 comments:
Good for Friedman. Hitting the link in your post, I read that Friedman in "in the boat" with Robert Reich: Stimulate demand, big time.
It is the only thing to do to avert a Depression. I hope Obama is listening -- that is, reading your blog, Nagarjuna.
Tom--
I just hope that Obama is reading Friedman and Reich. :-)
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