Scary stuff

Thanks to today’s PE Week Wire and First Read contributor, Michael Snyder, we’ve now had our quarterly dose of economic reality thrown up on the home-based office screen. I wish I could say it’s positive.

Warning: Grim fact-based reality about where things stand can be found at http://www.blacklistednews.com/?news_id=8878.

Recent gyrations from Europe aside, the so called recovery obviously has a long ways to go.