Odds ‘n Sods:
Reader T.H. in New Mexico wrote to ask, “How long will this recession last, and how deep will it get? A year ago, I would have said that it might last as little as 18 months, and that it would surely be “sharp.” But no we see many trillions of dollars being thrown at Mother of All Bailouts (MOAB), thus perpetuating the malinvestment, and doubtless delaying economic recovery. So I’d say that we will see a severe recession if not a full blown depression with lots of disruption that will last between four years and 15 years. Be ready for …