08 April 2008

RGE - The US Recession: V or U or W or L-Shaped?

Nouriel Roubini is asking what will be the shape of the US Recession:
  • V, recession followed by recovery.
  • U recession with a dwell at the bottom.
  • W double dip.
  • L-Shaped, it just drops and stays there for a very long time, like Japan.
I find this irrelevant. What matters is that everything is going pear shaped right now.

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