FINALLY!

Tuesday, February 19, 2008

Well, here we are several months after I first made mention of this and there is FINALLY a story in the media...albeit on Yahoo! news. Here's the deal - If you look long enough and hard enough you can find some PhD or other 'expert' somewhere that supports your position. There are folks walking around that have been awarded PhDs that think the holocaust didn't happen and all sorts of asinine ideas, so finding one that agrees with something I've been saying isn't as impressive as it might otherwise appear.

That said, this article is about a guy named Nouriel Roubini. He is a professor at the NYU Sterne School of Business, founder of RGE Monitor. What is RGE Monitor? It is a research group/website that processes massive amounts of financial and economic data into reports for institutional investors and money managers and has been named one of the world's best economic websites by BusinessWeek, The Economist, Forbes and the Wall Street Journal.

The title of the article? "America's Economy Risks the Mother of all Meltdowns"

Check it out.

http://www.rgemonitor.com/roubini-monitor/245171/martin_wolf_of_the_financial_times_on_my_12_steps_to_financial_disaster

Could he be wrong? You betcha. Could he be correct? Yup.