MWP seeks to explore the global macro environment for investing in order to seek the best place to preserve and create wealth at a time of global deleveraging.
Thursday, October 25, 2012
It Wasn't Just my Imagination
In the beginning of October, in a post titled More BLS(BS) and dead fish I noted that there had been an uptick in lay off notices lately. It wasn't just my imagination:
As I said then, we may be entering a recession once again before we've recovered from the last one. If so, this would be similar to that of the Great Depression where there were periods of growth but without a full economic recovery.
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