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Top analyst Rosenberg: This is a depression
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Tuesday, July 27, 2010
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From Zero Hedge:

As usual, some terrific points from the man who was far too smart for Merrill Lynch. We are also glad that Rosie caught our observation over the weekend that securitized loans have plummeted by trillions recently: easily the single biggest argument for QE2.

From Breakfast with David:

YOU KNOW YOU ARE IN A DEPRESSION WHEN ...

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More from David Rosenberg:

Analyst Rosenberg: Stocks overvalued by 35%

Top analyst Rosenberg: 10 big reasons to worry

Top analyst Rosenberg: 400 point rally is a huge bearish sign

Topics: Guru | Economy | Cruxallaneous
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