The Dismal Science

Economics has been called The Dismal Science because the people who pay attention to real life and then think about economics will put up links to articles like the following, with headlines like the following:

I still think late 2014 or 2015 will see a global economic crash at least similar to what happened in 2008.  This is still, IMO, a dead-cat bounce recovery.  The underlying problems have been made worse by the people who created them and were not kicked out of office for doing so.  Let’s hope your emergency stores of food and water are not called upon.

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