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Thinking about the liquidity trap

Stumbleupon Review of : http://web.mit.edu/krugman/www/trioshrt.html THINKING ABOUT THE LIQUIDITY TRAP Paul Krugman December 1999 We live in the Age of the Central Banker – an era in which Greenspan, Duisenberg, and Hayami are household words, in which monetary policy is … Continue reading

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PrudentBear.com – The One-Stop Shop for the Bear Case

Stumbleupon Review of : http://www.prudentbear.com/archive_comm_article.asp?category=Guest%20Commentary&content_idx=24406 A debt-deflation induced depression would have a dominating influence on the US economy over the next ten years. A crucial factor in the future performance of the US economy is the housing market. A crash … Continue reading

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