Tuesday, April 27, 2010

Another shoe...

Europe debt crisis spreads to Portugal
Given the inter-connectedness of world economy, it's only a matter of time till EU mess starts being felt in earnest here.

V-shaped recovery? Ha!
U-shaped? If we're lucky.

Me - I'm betting on double-dip, W-shape... which seems appropriate, given the MBA genius who's responsible.

(... My only hope is that we're heading up come November... even if it's just prelude to another down)

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