CNN.com:
Commentary: Is stock rally for real
8 May 2009
In their commentary they say we have zombie banks and zombie companies.
Stocks are rallying as if the economy is out of the woods. However, that is premature, and we could be in for a long period of stagnation.
This article appeared in CNN.com (USA) on May 8, 2009
Link to article
Related Links
Peter Boone webpage
Effective Intervention Programme wepage