Tyler Durden says this is a "good news" story (at the link). I disagree. It's an incredibly bad news story. But I'm tired of talking about it today -- a reader sent me a note which I parsed and spent considerable time posting -- it was hard to sort out the story -- see this link -- so I will link the article and let it go for now. Folks can read for themselves and decide whether it's a good news story or a bad news story.
From Durden's perspective, it's a "good news" story; great news.
From an economic perspective, it's a "bad news" story.
Whether you consider it a good news story or bad news story, doesn't matter. It all depends on one's perspective.
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