Tuesday, November 23, 2004 So I guess the sky is falling posted at 4:02 PM [Investment banking giant Morgan Stanley's chief economist Stephen Roach's] prediction: America has no better than a 10 percent chance of avoiding economic "armageddon." Roach sees a 30 percent chance of a slump soon and a 60 percent chance that "we'll muddle through for a while and delay the eventual armageddon." We're doomed! Quick, everybody, let's freak out! I'll start processing the papers for our move to Canada (or maybe Great Britain; Cory Doctorow seems to get on all right over there)--you start emptying the bank accounts and changing all our currency over! Comments Post a Comment

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