"Behind the financial storm tearing at the world economy is one of the biggest asset bubbles in history"
"The main risk to the world economy is a deflationary spiral in asset prices"
Those headline quotes are from The Ecomomist's special report of August 2007. Unlike so many contemporary pundits, they do not view the period 1929-1945 as an anomaly. For good reason.
The Bear Turns Mildly Bullish [View article]
"The main risk to the world economy is a deflationary spiral in asset
prices"
Those headline quotes are from The Ecomomist's special report of August 2007. Unlike so many contemporary pundits, they do not view the period 1929-1945 as an anomaly. For good reason.