So I guess the sky is falling

[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!