Soft Patch? Or Just Soft?
- Tuesday, June 7, 2011, 22:09
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Contrary to the consensus view, the recent re-emergence of yet another period of economic weakness is not a “correction” or indicative of a temporary "soft patch". The repeated weakness in the face of massive stimulus is the symptom of a structurally impaired economy and, more likely, indicates a prolonged period of serious economic lethargy.
http://blogs.forbes.com/ricksuarez/2011/06/07/soft-patch-or-just-soft-2/