Numbers maven Jeremy Aguero had the best line in that Sunday conversation about the economy in the Sun this weekend. He wondered whether “this is part of a cycle, or have we hit some mythical tipping point?” Indeed, this is the question a host of Chicken Littles have asked at various junctures in Nevada’s ever-resilient history. But as the clucking pessimists have been silenced again and again, Aguero, who remains optimistic, raises the point at a time when Nevada no longer can bear an economic downturn better than most states. With some analysts forecasting a second wave of the mortgage default flood lasting two years, casino giants in real trouble and Nevada’s budget decimated, that tipping point doesn’t seem so mythical anymore.
flashpoint:
Sunday’s economy conversation
Tue, Aug 5, 2008 (2 a.m.)
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