"I am thankful for the perfect storm that was 2010 . . . "
CONTEXT ADDED BY ADMIN: END OF CONTEXT sometimes the perfect storm blows the other direction . . .
We'll see next year if all the angst is warranted about the coaches and such.
--
There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved. Human Action - Mises