Given the recent onslaught of bum tidings — among them a weakening economy, renewed softness on the employment and housing fronts, the threat of spreading sovereign debt crises and a resumption of wicked stock market losses — gloom and doom are suddenly back in fashion.
Accordingly, long-standing members of the end-of-the-world brigade are once again shouting from the rooftops, spouting one doomsday scenario after another. They’re easy enough to spot, given the extremity of their forecasts and the headlines that follow their grim projections.
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