»June 23, 2008: The Wheels on the bus go 'round and 'round...
This is how I see the current economic environment: Ben Bernanke is trying to drive a school bus up one of those curvy, Rocky Mountain roads with it raining sub-prime mortgages making slippery slopes for him to steer. On top of that he has the rising mountain of inflation to the left and the precipitous drop in economic output on the right. If he takes the slippery corners slow and with caut... ... (MORE)