Quote of the Day

Pick your century:

"The global economy now faces the potential for a late-20th-century-style spike in oil prices, a 21st-century global financial shock — and an old-fashioned 19th-century-style slowdown in global trade."

-Simon Johnson, chief IMF economist

Now if I can only find where the hell I saw that . . .


UPDATE: December 3, 2007 2:43pm

Source identified!

Maybe the Globe Isn’t Immune To Slowing U.S.
Doubts Spread on View That Europe and Asia Will Pick Up the Slack
WSJ November 28, 2007; Page C1

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