I got the chance to meet Barry "Big Picture" Ritholtz this week, though I'd have liked to talked to him more, it was not to be. Anyway, I had to steal his handy guide to Larry Kudlow-speak. Apparently, Larry, whose taste in wardrobe I have the utmost respect for, has admitted to a mild recession. Zut alors.
| Kudlowism | Modern Translation |
| “The Greatest Story Never Told” |
Early stages of a normal economic expansion |
| "Goldilocks Economy" |
Latter stages of expansion; cracks in the façade are beginning to show |
| “A possibility of Recession exists” |
The recession has already begun |
| “A Mild Recession” | We are in a broad and deep recession |
| “We are in a serious recession” | Stock up on canned food, bottled water and handgun ammo |
| “I don’t see how this can get any worse” | BUY! |
There little thoughts are the rustle of leaves; they have their whisper of joy in my mind,iLooking forward to hearing more from you!
Posted by: cheap jodans | October 31, 2010 at 05:05 AM
That stirred our hearts in youth,There little thoughts are the rustle of leaves; they have their whisper of joy in my mind,i Looking forward to hearing more from you!
Posted by: cheap jordans | October 31, 2010 at 07:32 AM