Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

20090426

The cover and leader are equally scary

I'm not exactly the type that runs around and worries about a coming Armageddon. And I actually don't think the financial crisis will trigger Armageddonish types of events on a significant scale (civil unrest, wars et c). But I do agree with the leader in this week's Economist that there is a significant risk that last weeks' signs of a turnaround is premature.

And the obvious risk would be that all different types of stimuli together with an unfounded optimism can create a boost that ruins the world economy even more. There is a reason to why you need to rest when you're sick.

And the cover is just brilliant. As scary as the inside.