Daily Archives: November 9, 2011

The European Debt Crisis is a Known Unknown, but this…

As I wrote before, the market’s dramatic rise in the face of the daunting problems that we know about seemed absurd, especially when unknown unknowns are always with us. China is one, but this may be the ultimate wild card: Israel … Continue reading

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It’s 1931

I channel Dow Jones Market Talk, which channels Brad DeLong, who channels Rogoff, Reinhart, and Krugman. MARKET TALK: It’s 1931 DOW JONES NEWSWIRES 5:20 (Dow Jones) “I have been complaining for some time now that Reinhart and Rogoff think that … Continue reading

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