tag:blogger.com,1999:blog-7806136543904112143.post7988149302458162009..comments2023-10-30T09:23:42.803-05:00Comments on Some Assembly Required: SAR #12191Charles Kingsley Michaelson, IIIhttp://www.blogger.com/profile/04364694465614330540noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7806136543904112143.post-20211457200980535692012-07-10T14:06:35.307-05:002012-07-10T14:06:35.307-05:00Sun Setting:
No matter what Krugman says. This i...Sun Setting:<br /><br />No matter what Krugman says. This is a balance sheet recession as opposed to a normal inventory recession. By default it will be deflationary. Debt de-leveraging will eventually take everything down to ZERO because our heros at Treasury anad the Fed can't possibly print enough money to stop the bleeding. <br /><br />This is the PTB worst nightmare.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7806136543904112143.post-36524315345283314442012-07-10T11:46:41.823-05:002012-07-10T11:46:41.823-05:00Sun Setting: There is no point in expanding produc...Sun Setting: There is no point in expanding productive capacity if the demand isn't there.<br /><br />And as long as the Global Race to the bottom persists, there will be no demand.<br /><br />How neatly does this dovetail with the Pinching Pennies article?<br /><br />It's a vicious circle of spiraling madness!Gegnerhttps://www.blogger.com/profile/01918737715343158105noreply@blogger.com