Search completed
Debt deflation icon Steve Keen is circling the wagons – he’s got a new blog post, and as usual, it’s well worth a read. Keen, a true thinking man’s economist, sees continued deleveraging that will in turn continue to drive down asset prices – likely to much lower levels. His core thesis is that asset […]
Interesting take on why rising commodity prices ultimately have a deflationary effect – from David Rosenberg in yesterday’s Breakfast With Dave: The bond market is telling you something very important here that rather than being a permanent source of inflation, what we are witnessing is a global exogenous deflationary shock (the impact on discretionary spending in America will […]
Recent Comments