[lbo-talk] US economy "in a mess"

[ravi]

On Nov 26, 2007, at 4:14 PM, Charles A. Grimes wrote:
>
> Check out the other stories in FT. They sound gloomy as hell.
>
> It sounds to me, like the credit system is unravelling and beginning
> to sink the rest of the markets. Lots of noise from Euro central
> banks. They must be holding pure US junk...
>

Krugman blogged about it more than once. See this (and links within):

http://krugman.blogs.nytimes.com/2007/11/25/fear-creeps-in/

Not a lot of analysis though.

	--ravi