Creditors' Resource

Posted at 1:26 PM on January 31, 2009 by Richard Feferman

Global Economic Outlook: The Baseline Scenario

MIT Professor Simon Johnson is a thought leader on the Global Economy. His blog The Baseline Scenario is a great resource for understanding today's financial crisis. Last week he presented his Global Economic Outlook to the Senate Budget Committee.

I'm of the opinion that The Baseline Scenario is the best place on the web to stay easily updated on the crisis. Johnson and his 2 co-founders are stimulating conversation and making this difficult subject understandable.

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Danny L. McDaniel - February 13, 2009 10:49 PM

I wish "policymakers" and "thought leaders" would call the current economic condition that the United States finds itself in for what it really is: economic depression. When the President, Congress, and business can come clean and state aloud the word depression, instead of recession, then perhaps somethings that needs to be done can be done. This problem is structual and throwing trillions at it wouldn't help.

Danny L. McDaniel
Lafayette, Indiana

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