all and nothing about uncertainty in markets and life
Thursday, October 08, 2009
Krugman Still Chasing The Shadows
Well, I do not know who is chasing what? But the chart from BNP Paribas shows quite clearly what is the problem of credit markets! Click on chart to enlarge, courtesy of BNP Paribas.
Reduce debt and/or increase income. Asset reflation is not the same, for most, as income ...
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