The now top rated template for foolery
The starkwatson paper
Sees
We had a recession much like the prior two recessions even if different from the recessions from 46 to 87
Just bigger shocks
End of story
The internal crisis the implosion in fact of the credit system
Is a shock like a drought or earthquake or hurricane or war or méteor
Or or space invasion....
Just a really big set of closely bunched shocks
Moral
Hope for
Better luck next time
