Translation:My prediction of a depression was not wrong, it was just early.Notice that there is no time limit on the prediction. Some day.Question 1: Has this country had any depressions in its 200+ year history?Question 2: Has anything been done to prevent future depressions after the previous ones?Question 3: Have they worked?Ergo: there will be another depression and another after that, ad nauseam. No, no time limits, just certainty due to past history of depressions and no meaningful change to prevent any in the future.Forget the book on the Great Depression. Bernanke knows more than all the authors of all the books on the subject. Yeah his predecessor did too, the book name for him was Maestrohttp://www.amazon.com/Maestro-Greenspans-American-Boom-Green...Seems that Greenspan's rep a number of years on no longer qualifies for the rubric.Keep translating....you seem to have a flare for it.Poz
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