Macroeconomics: Before the Storm Hit
My Macroeconomic Outlook Presentation, as it stood in June of 2008:
Back when we were still worrying about whether the post-Bear Stearns implicit guarantees of the debt of every large commercial and investment bank of the United States would become a liquidity tsunami that would swamp us and wash us up on the shores of inflation...
God!! Those were nice and easy problems we had back then...
