http://www.businessinsider.com/richard-koo-its-not-too-late-to-learn-from-japan-2011-4
Makes sense to me to a certain extent.
Massive de leveraging to come in comings years.
This will be be unstoppable.
Stimulus or Austerity - it doesnt matter.
It the short to medium term it is deflationary - we are in for a tough ride.
Makes sense to me to a certain extent.
Massive de leveraging to come in comings years.
This will be be unstoppable.
Stimulus or Austerity - it doesnt matter.
It the short to medium term it is deflationary - we are in for a tough ride.
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