I am generally optimistic but reading this mornings headlines one can't help but wonder if the U.S./World economy isn't overdue for a giant "correction." That's economist doublespeak for a major recession or perhaps even depression.
The current class of know it alls have never known a time of true global economic hardship. What a shock the current generation of big shots might face if one morning they/we woke up and the readily available credit they/we take for granted simply wasn't there any longer.
I hope that scenario is an artifact of a gloomy Monday morning and not a tale of what is to come.
