Devine, James wrote: >Of course, we also have to remember Sabri's "L scenario."
Hey, if we're talking intellectual property, this is what I wrote last May: >LUV song. But we're back to the question from 1,700 words ago: if no >boom, what next? > Debate on this issue boils down into a letter game: will the >course of the economy be like a V (short, sharp decline followed by >a strong recovery), a U (a more protracted version of the V), or an >L (a long stagnation)? At this point, the V seems least likely; the >usual leading indicators are suggesting stabilization, but no >imminent recovery. [...] Doug
