Debt deflation
Reflections on “Correction 2”-This Summer it’s Different
By Guest Post at August 12, 2011 | 11:26 pm | 0 Comment
Reflections on Correction 2- This Summer it’s Different I feel more emboldened than ever (probably a good sign I should be rethinking my premise) to reiterate my general contextual theory that the developed world is experiencing the dual deflationary forces of a "supply shock" from the emerging markets, combined with a debt overhang remaining from the bubble more...
