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By Richard Fernandez

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The Library of Babel

August 18, 2008 - 5:53 pm - by Richard Fernandez
buddy larsen
2008-08-19 02:12:45

Ivan the Terrible is posting terrible production numbers. So is Mexico. It will take a truly stunning recession to bring oil down past 80, is my guess. China’s interior mkt is down 60% in 08, with inflation running around 10%. I dunno what to make of that, the Middle Kingdom is opaque. note that neg 60 is off a few years of doubles tho. hey if the entire globe goes back to 2002, will we be six years younger?