Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Yeah, he does have rather an exalted attitude.

I found it interesting that this appeared in the MSM. Now that the media can't cheerlead for the housing bubble (and the trade deficit) without looking totally clueless, they (or at least some of them) are trying to make the consequences palatable.

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman

by dvx (dvx.clt ät gmail dotcom) on Wed Apr 25th, 2007 at 07:47:07 AM EST
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