Geaux4it
Intensity Factor 4-Fold
- May 31, 2009
- 22,873
- 4,295
Obama's economy is on cue and heading to a 2008 sinkhole
-Geaux
---------
You Are Here | Zero Hedge
It's definitely different this time...
The 2008 analog lines the current trajectory up with August 2008 right after Treasury Secretary Paulson told the world reassuringly that:
"Our economy has got very strong long-term fundamentals. And you know, your policy-makers and regulators here - we're very vigilant."
And we all know what happened next...
![](/proxy.php?image=http%3A%2F%2Fwww.zerohedge.com%2Fsites%2Fdefault%2Ffiles%2Fimages%2Fuser3303%2Fimageroot%2F2016%2F02%2F18%2F20160218_you1_0.jpg&hash=1775a2726b298584e9cd53eb717100e9)
Could never happen again?
Yeah you're probably right...
![](/proxy.php?image=http%3A%2F%2Fwww.zerohedge.com%2Fsites%2Fdefault%2Ffiles%2Fimages%2Fuser3303%2Fimageroot%2F2016%2F02%2F18%2F20160218_you2_0.jpg&hash=83d56946105960b6a12d28c26e89b151)
-Geaux
---------
You Are Here | Zero Hedge
It's definitely different this time...
The 2008 analog lines the current trajectory up with August 2008 right after Treasury Secretary Paulson told the world reassuringly that:
"Our economy has got very strong long-term fundamentals. And you know, your policy-makers and regulators here - we're very vigilant."
And we all know what happened next...
![](/proxy.php?image=http%3A%2F%2Fwww.zerohedge.com%2Fsites%2Fdefault%2Ffiles%2Fimages%2Fuser3303%2Fimageroot%2F2016%2F02%2F18%2F20160218_you1_0.jpg&hash=1775a2726b298584e9cd53eb717100e9)
Could never happen again?
Yeah you're probably right...
![](/proxy.php?image=http%3A%2F%2Fwww.zerohedge.com%2Fsites%2Fdefault%2Ffiles%2Fimages%2Fuser3303%2Fimageroot%2F2016%2F02%2F18%2F20160218_you2_0.jpg&hash=83d56946105960b6a12d28c26e89b151)