That’s interesting. Thank you for posting, Paramount.
Nice comments, Rich. That’s kind of what I see too, sluggish, uneven, jobless recovery, unexpectedly long and extended ‘flight to quality’, eventually leading to some sort of event, maybe a funding crisis, currency crisis, or possibly some larger geopolitical event.
Lakshman is super smart, and I thought it was interesting he mentioned the 2008 recession, how indicators were signaling a severe downturn prior to the Lehman event, then Lehman failed and all of the models had to be recalibrated.
