..if you ever decide to bail from the U.S.
Paul Kedrosky reports on a friend who just got back from a surfing trip to Fiji. Here is a snippet of a conversation he had about the economy with a fellow surfer there:
Fellow surfer: "Was there not some type of recession dude?"
PK friend: "Yes, in fact there was."
Fellow surfer: "Heavy!"
Shakabra!
ReplyDeleteOr would that be "shock-a-bra" since we're talking recessions and we all know (Keynesians at least) that recessions are caused by sudden, massive demand shocks...