Monday, Oct 20, 2008
Interesting Graph
FT Alphaville: Rationing and Depressionomics
Sadly, some risk exists that financial events could still unfold like a proverbial “dam break.” This might leave policymakers treating very serious and lasting damage to the financial system, rather than preventing further erosion.
With no desire to exaggerate, this might be considered the “financial pre-conditions of a depression” as improving financial conditions are a pre-condition of a cyclical recovery
Posted by stevie dee @ 11:28 PM (148 views) Add Comment
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