Friday, December 12, 2008

It's All Been Done

Tired of getting surprised by bad economic news? You should be. But it's not necessary. As author Llewellyn H. Rockwell, Jr. explains, our television and radio reporters are stunned to see what's going on in the marketplace. They give us their information as if no one could have possibly predicted what our government and marketplace would be doing right now. But that's simply wrong. The long term, and even some of the day-to-day trends, of our current market conditions fit a “textbook” model of the Austrian Economics Business Cycle. So if you're tired of feeling let down every day, and you want to understand how long this business cycle will last, then try reading his article above, and check out the mises.org website for more.

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