How The Great Recession Blog came into being. On February 3rd, 2011, I wrote about some ideas to Stan for his own website. As he didn’t take up that focus right away, the idea grew within me to develop my own website on this theme. Many months later I followed through with that and began The […]
Letters to Stan Archive
Press Bias Talks Up Recovery as Second Housing Market Collapse Begins
Posted January 28, 2011 By David HaggithAt the start of the fourth year of the Great Recession, people were ready to hear good news, and the press glibly passed along any ray of sunshine they could find without ever questioning it. Here is one example. On January 28th, 2011, I wrote the following observation to my friend Stan about the […]
Filed in Letters to Stan | Tagged: housing market collapse
The China Syndrome – A Meltdown in American Employment
Posted January 19, 2011 By David HaggithOn Jan 19, 2011, Stan wrote: A strange statement from [a writer I just read]: “China needs to bring more jobs to the United States…….” ….Who ??? And this is even stranger ? “Until China figures out a way to link itself to the idea of job creation . . . you are always going to […]
Filed in Letters to Stan | Tagged: China
Introduction to “Letters to Stan”
Posted January 19, 2011 By David HaggithThe next article begins a series of excerpts from letters written to a man I shall simply call by his first name. Stan is a Chinese-American investor, who travels extensively through Asia, who has lived in Taiwan and Hong Kong for many years. He’s a former financial advisor and a personal friend. I share these […]
