{"id":8050,"date":"2009-11-23T08:35:28","date_gmt":"2009-11-23T16:35:28","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=8050"},"modified":"2010-01-18T19:47:34","modified_gmt":"2010-01-19T03:47:34","slug":"economy-back-from-the-brink-or-poised-for-a-greater-collapse","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2009\/11\/23\/economy-back-from-the-brink-or-poised-for-a-greater-collapse\/","title":{"rendered":"Economy: Back from the brink, or poised for a greater collapse?"},"content":{"rendered":"<p>Someone linked this up in the weekend open thread, and I thought it was a pretty good summary of why I am not convinced that we are presently on the road to recovery, so I thought I&#8217;d share it here.  <a href=\"http:\/\/rangerider.blogspot.com\/2009\/11\/are-we-living-in-zero-hour-now.html\" title=\"Are We Living In Zero Hour Now?\">Are We Living In Zero Hour Now?<\/a><\/p>\n<p>If I tried to excerpt some of the post here, I probably wouldn&#8217;t do it justice.  You should just go give it a read yourself, and see if afterward you still think that a 60% gain in the stock market means the economy is out of the storm.<\/p>\n<p>To provide a little balance, here&#8217;s <a href=\"http:\/\/www.nbc.com\/saturday-night-live\/video\/clips\/china-cold-open\/1178451\/\" title=\"SNL: China Cold Open\">a more lighthearted take<\/a> on the mess we&#8217;ve gotten ourselves into.<\/p>\n<div style=\"width: 640px; margin: 0 auto 10px;\"><object width=\"640\" height=\"385\"><param name=\"movie\" value=\"http:\/\/www.youtube.com\/v\/XN-ui28SlHU&#038;hl=en_US&#038;fs=1&#038;rel=0\"><\/param><param name=\"allowFullScreen\" value=\"true\"><\/param><param name=\"allowscriptaccess\" value=\"always\"><\/param><\/object><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Someone linked this up in the weekend open thread, and I thought it was a pretty good summary of why I am not convinced that we are presently on the road to recovery, so I thought I&#8217;d share it here. Are We Living In Zero Hour Now? If I tried to excerpt some of the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[25],"tags":[530,224,1115,399],"coauthors":[],"class_list":["post-8050","post","type-post","status-publish","format-standard","hentry","category-economy","tag-debt","tag-economics","tag-economy","tag-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Economy: Back from the brink, or poised for a greater collapse? \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2009\/11\/23\/economy-back-from-the-brink-or-poised-for-a-greater-collapse\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Economy: Back from the brink, or poised for a greater collapse? \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Someone linked this up in the weekend open thread, and I thought it was a pretty good summary of why I am not convinced that we are presently on the road to recovery, so I thought I&#8217;d share it here. 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His background in engineering and computer \/ internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. 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