Macroeconomics: Before the Storm Hit

My Macroeconomic Outlook Presentation, as it stood in June of 2008:

Back when we were still worrying about whether the post-Bear Stearns implicit guarantees of the debt of every large commercial and investment bank of the United States would become a liquidity tsunami that would swamp us and wash us up on the shores of inflation...

God!! Those were nice and easy problems we had back then...

20100427_20080611_situation.pdf