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Synchronized?  I would submit that it's pretty chaotic with multiple strong attractors.  Sort of like a comet swinging through a solar system with binary stars and several gas giant planets.  Other than that, Roubini is, as usual, spot on.
by rifek on Thu Apr 23rd, 2009 at 07:38:43 PM EST
Or perhaps like the single attractor of gravity acting on a set of billiard balls when the slate table is suddenly removed from below them.  The differences will largely consist of the nature of the various surfaces onto which they fall.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Apr 23rd, 2009 at 10:33:37 PM EST
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The IMF reports Calculated Risk: IMF: Global Synchronized Cliff Diving.

The global crisis won't be solved until...

by das monde on Fri Apr 24th, 2009 at 11:18:04 PM EST
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