Saturday, Nov 22, 2008
Prices to continue to collapse on the back of real estate - Why? Financial leverage is dead
The Korea Times: Deflation Fears Turn Into Reality
Fears of deflation at home and abroad are looming larger as prices of commodities including oil and metals have begun to plummet amid the ongoing financial crisis, following those of shares and real estate.
The opposite of inflation, deflation refers to a decline in general price levels, which creates expectations that they will drop further, choking consumption.
Posted by v stor @ 07:24 AM (189 views) Add Comment
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