fake credit crunch http://seekingalpha.com/article/122513-reports-of-economy-s-demise-are-greatly-exaggerated coudnt have said ti better myself this IS the essay I would have written
The article doesn't say anything about this being a mental recession with a fake credit crunch... It simply gives examples as to why the economy is not as bad off as most people are reporting/believe.
The one thing you have going for you is that at least your nearly 90% in losses you took in your highly touted portfolio of 'stock u know werk' are only paper trading losses, otherwise you'd be living in a cardboard box in this 'mental recession and fake credit crunch.' Now finish your PB&J and get back to your 7th grade class. Werd!
he is right though Most writers on seeking alpha say the recesison isn;t deep and that the recovery will be swift.