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Old 02-27-2012, 01:12 AM   #208 (permalink)
Frank Lee
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Quote:
...but it's a place we'd rather not be economically.
I know people would like for the "bubbles" of this or that (.com, housing, whatever) to be the normal, but that isn't realistic. From time to time, living beyond one's means (from the smallest micro level to the biggest macro) catches up with 'em and things have to balance out. I think we've been living on credit and other forms of borrowed time for long enough that a correction is both necessary and good.
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