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Thursday, 01/17/2008 6:42:41 PM

Thursday, January 17, 2008 6:42:41 PM

Post# of 251957
OT: Batten Down The Hatches (JMHO)

"...there are indications that the severest phase of the recession is over..."

- Harvard Economic Society (HES) Jan 18, 1930

"... the outlook continues favorable..."

- HES Mar 29, 1930

"... the outlook is favorable..."

- HES Apr 19, 1930

"...by May or June the spring recovery forecast in our letters of last December and November should clearly be apparent..."

- HES May 17, 1930

"... irregular and conflicting movements of business should soon give way to a sustained recovery..."

- HES June 28, 1930

"... the present depression has about spent its force..."

- HES, Aug 30, 1930

"We are now near the end of the declining phase of the depression."

- HES Nov 15, 1930

"Stabilization at [present] levels is clearly possible."

- HES Oct 31, 1931

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