Reply To: Spains Looming Bust Will Hurt the Rest of Europe



Let’s assume the Bloomberg writer meant a bad recession, not a collapse in the literal sense. This hasn’t yet materialised, but that’s not to say it won’t, and every day brings more evidence that the economy is heading for choppy waters. He may yet be proved right – it’s still too early to tell. He made the forecast in June 07, and didn’t give a deadline. What do you say we give it until June 08 to make a judgement?