Doomsday in the Fever Swamp

Just in time for April Fool’s Day, Time magazine profiles The Armageddon Gang.  As the article notes, their ‘stark, almost Puritan way of looking at the world… has been out of step with economic reality for the past quarter-century.’

Meanwhile, Intrade’s US 2007 recession contract is in the grip of a bear market of its own:

posted on 02 April 2007 by skirchner in Economics, Financial Markets

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