[Pen-l] Downturn Accelerates As It Circles The Globe

To: pen-l@xxxxxxxxxxxxxxxxxx
Subject: [Pen-l] Downturn Accelerates As It Circles The Globe
From: Joanna <123hop@xxxxxxxxxxx>
Date: Sat, 24 Jan 2009 20:56:19 -0800
User-agent: Thunderbird 2.0.0.19 (Windows/20081209)

Thanks for the article Louis. I have to admit that the one thing that has surprised me in all this is how awful the situation is in Europe. Don't know why, but I thought they were smarter than that.

I think what fooled me was their welfare state structures, which, when you think of it, were legacies rather then auguries.

Joanna
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Thread context:
- Re: [Pen-l] Permanent nationalization of banks with debt-equity swaps, (continued)
  - Re: [Pen-l] Permanent nationalization of banks with debt-equity swaps, fmoseley Sun 25 Jan 2009, 14:50 GMT
- [Pen-l] New Beginnings in Pakistan aka Bush II, ken hanly Sat 24 Jan 2009, 14:47 GMT
  - Re: [Pen-l] New Beginnings in Pakistan aka Bush II, Louis Proyect Sat 24 Jan 2009, 14:51 GMT
- [Pen-l] Downturn Accelerates As It Circles The Globe, Louis Proyect Sat 24 Jan 2009, 14:02 GMT
  - <Possible follow-up(s)>
  - [Pen-l] Downturn Accelerates As It Circles The Globe, Joanna Sun 25 Jan 2009, 04:29 GMT
    - Re: [Pen-l] Downturn Accelerates As It Circles The Globe, Anthony D'Costa Sun 25 Jan 2009, 10:25 GMT
    - Re: [Pen-l] Downturn Accelerates As It Circles The Globe, Laurent GUERBY Sun 25 Jan 2009, 20:51 GMT
  - re:Re: [Pen-l] Downturn Accelerates As It Circles The Globe, Gassler Robert Sun 25 Jan 2009, 11:51 GMT
    - Re: Re: [Pen-l] Downturn Accelerates As It Circles The Globe, Jim Devine Sun 25 Jan 2009, 16:33 GMT

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