Let me tell you about a hedge fund group that has the best way to think about it that I’ve ever read. But first, some history.
The Summer of 2008 is when things really started to hit the fan.
And now as the Summer of 2012 comes to a close, we’re four years into the Great Recession. We’re also approaching the four year presidential administration mark, the point at which people ask themselves the famous question “Am I better off now than I was four years ago?”
Read more: http://www.businessinsider.com/bridgewater-deleveragfing-studies-2012-8#ixzz24qKpN0qq