[Zzlist-deux] A Painful Anniversary

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A new posting -
A Painful Anniversary
<http://zzs-blg.blogspot.com/2017/04/a-painful-anniversary.html>   - from
Zoltan Zigedy is available at:
http://zzs-blg.blogspot.com/


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*Exactly ten years ago this past April 7, I posted an article on
Marxism-Leninism Today entitled Tabloid Political Economy: The Coming
Depression (for those who missed it, it is reproduced below). It was my
first and only attempt at economic prognostication, always a challenging
and risky venture. The “Tabloid” in the article’s title was a
tongue-in-cheek reference to the headline in the April, 2007 issue of a now
defunct supermarket tabloid, Weekly World News. Featured between Virgin
Mary Slaps Boy and Jews Invented Pizzoh was the shrill admonition:
Surviving the Next Great Depression! It’s Coming This Summer!*

*It didn’t come in the summer of 2007. *

* In fact, the Dow Jones Industrial Average continued to climb seemingly
with no limit, reaching a new peak in the fall of 2007. The pundits
continued to extol the virtues of unbridled capitalism... TO CONTINUE
READING, PLEASE GO TO: http://zzs-blg.blogspot.com/
<http://zzs-blg.blogspot.com/>*
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