MIT Professor Simon Johnson, et al just launched a new website called Baseline Scenario. I think they do a great job of breaking down the current financial crises and highlighting the REAL problems in the economy. Based on this site and what I’ve been reading in the WSJ - we could be in for a long winter. I was thinking perhaps we’d start climbing out of this mess by Q2-Q3 2010 but now not so sure.

Take a read. You’ll feel enlightened!

http://baselinescenario.com/2009/02/08/baseline-scenario-2909/

Dan