The L Curve - Latest Roubini Op-ed In the New York Times
Mar 1, 2009 12:01PM
From the New York Times:
Last year, the debate over how long the recession will last was between those in the consensus who argued that it would be V-shaped — only about eight months long like those in 1990 to 1991 and in 2001 — and those like me who argued that it would last at least three times as long, 24 months, and be more than three times as deep as the previous two.
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