When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Saturday, May 25, 2013

A Global Liquidity Trap

Economics and Politics by Paul Krugman - The Conscience of a Liberal - NYTimes.com: " . . . the whole advanced world is in a liquidity trap these days — and we can’t all massively devalue against each other . . ."

And yet that is exactly what is happening--and another reason why it isn't working.


The Big Picture

Financial Crisis - The Telegraph

JohnTheCrowd.com | The Sailing Website

Craig Newmark - craigconnects