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>In Praise of Pronounced Unhappiness  - Mish - Global Economic Analysis
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Beginning of the headline :Today, I sing in glorious praise of unhappiness. Lest you think I lost my mind, first consider an Op-Ed in The Hill by life-long friend David Wise. He writes on Ending the Budget Wars. For the second time in two years the U.S. has stepped back from the precipice of default. In January, absent agreement to the contrary, a second sequestration will go in effect and on February 7, 2014 the nation would face yet another debt ceiling crisis.  The inability of the so-called supercommittee to reach ... Read More
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