When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Saturday, November 19, 2011

Money Quote of the Week

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"Commenters have been accusing me of crying wolf, because I’ve been warning about Eurogeddon for several weeks and the euro hasn’t collapsed yet. Geez. Eurozone capital markets have basically frozen; nobody is buying debt either of many governments or of many banks. This doesn’t bring the roof down overnight, but it will if this goes on for months." --Paul Krugman, New York Times November 19, 2011

  

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