Comments on: ARE THINGS GETTING WORSE http://www.swartzcre.com/observations/2008/02/are-things-getting-worse/ Thoughts on Commercial Real Estate Fri, 27 Mar 2009 18:30:42 -0700 hourly 1 http://wordpress.org/?v=3.1.1 By: John Bradley Jackson http://www.swartzcre.com/observations/2008/02/are-things-getting-worse/comment-page-1/#comment-2 John Bradley Jackson Mon, 31 Mar 2008 01:19:38 +0000 http://www.swartzcre.com/observations/2008/02/14/are-things-getting-worse/#comment-2 The thing about economic data is that it is backwards looking---it is history. Lagging indicators such Q4/07 GDP data doesn't tell us what is going to happen, unless we believe that history will repeat itself. If history does repeat itself, then all this bads news is telling us that recovery is slowly coming around around the corner. As Soren Kierkegaard said, "Life must be understood backwards; but... it must be lived forward." John Bradley Jackson Author: "First, Best, or Different" www.firstbestordifferent.com The thing about economic data is that it is backwards looking—it is history. Lagging indicators such Q4/07 GDP data doesn’t tell us what is going to happen, unless we believe that history will repeat itself.

If history does repeat itself, then all this bads news is telling us that recovery is slowly coming around around the corner.

As Soren Kierkegaard said, “Life must be understood backwards; but… it must be lived forward.”

John Bradley Jackson
Author: “First, Best, or Different”
http://www.firstbestordifferent.com

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