"Well, it’s early days, to be fair, but so far the Great Depression 2008 is shaping up to be a Great Disappointment. Not so much The Grapes of Wrath as Raisins of Mild Inconvenience. Last week the Commerce Department reported that the US economy – battered by the credit crunch, pummelled by a housing market collapse and generally devastated by the wild stampede of animal spirits – actually grew in the first three months of the year."
Wednesday, May 7, 2008
Damn! Where's that Depression they promised me?
Steinbeck’s grapes lack wrath this time around
Labels:
economy
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