Chances of double dip now more than 40%:
“Growth for the rest of the year will be closer to zero than 1 percent.”
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Roubini: douple dip risks have risen
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New documentary on the financial crisis debuting in October
This film by academy award nominated filmmaker Charles Ferguson, narrated by Matt Damon looks insightful; coming soon to a theatre near you. The fact that so many people now understand what happened and yet many of the players are still “advising” the government on financial policy is sad and outrageous all at once.
Hat Tip: Tim Iacono
BNN this morning at 8:50 am est
Ms. Park was a guest this morning at 8:50am est on BNN with Michael Kane, discussing the significance of recent price action in bonds and equities as well as key macro trends and how investors can protect themselves from the mounting risk of further capital losses. A clip of the interview is available here on the BNN web site.
