Thursday, May 28, 2009

And just in case you were feeling better...

(Via CJR)

If you're like me, you've been reading all the recent happy stories about the economy and wondering if you're being spun.

Well...we are.

Let's go to the chart:

 We're between the crests of loan disasters, between subprime and option ARMs.

You wonder what sort of insanity will follow the detonations CS is forecasting for June 2010.

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