August 7, 2011   3 notes

The Truant Muse: Keep Calm and Carry On.

moorehn:

I am interviewing bankers, hedge fund managers, mutual fund managers and economists today about the U.S. downgrade.

I am impressed by their refusal to panic. They are wary, certainly, and acknowledge a lot of uncertainty. They assume things will be ugly for a while. But as one of them said,…

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