Everyone knows that the American consumer is deleveraging … living more frugally, and paying down debt.Right?Well, actually, as CNBC’s Diana Olick pointed out in April, many consumers are stopping their mortgage payments, and then blowing the money t…
Posts Tagged ‘deleveraging’
American Businesses and Consumers are NOT Deleveraging … They Are Going On One Last Binge
September 19th, 2010 |
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Roubini: “Deleveraging Requires The Writing Down Of Debt As Reflationary Policies Are Not A Free Lunch And Won’t Solve The Debt Overhang Problem”
November 2nd, 2009 |
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Nouriel Roubini writes:Ultimately, deleveraging requires the writing down of debt as reflationary policies are not a free lunch and won’t solve the debt overhang problem (Dr. Roubini). Important case study: Japan back into deflationary territory despit…
Arguments for Deflation: Unemployment, Debt and Deleveraging, the Pension Crisis, Collapse of the Shadow Banking System, and Interest on Reserves
September 22nd, 2009 |
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As Absolute Return Partners wrote in its July newsletter: The most important investment decision you will have to make this year and possibly for years to come is whether to structure your portfolio for deflation or inflation. So which is it, inflation…