I think it’s fair to say our world economy has caught somewhat of a Virus. In true F&J style, here’s a brief description of the many forms of economic viruses affecting the markets… and while you’re at it why don’t you make up your own virus in the comments section.
The World’s Economic Viruses
Government Virus – Nothing seems to get better, but all the elected officials say it’s getting better.
Political Virus – Doesn’t actually do anything, but you can’t get rid of it until the next election.
Econometrician Virus – Sixty percent of the economies infected will lose 17 percent of their GDP 12 percent of the time (+/- a 2% margin of error).
Marxian Virus – Helps your economy go into a depression whenever it wants to.
Environmental Virus – Before allowing you to fix the recession, it first asks you if you’ve considered the alternatives.
Chinese Virus – Crashes your economy, but denies it ever happened and calls you a liar.
AIG Virus – Makes sure it’s too big to fail, while crashing everything else.
Stimulus Virus – Puts your economy in a recession for four years. When you finally recover, you’re 10 trillion more dollars in debt.