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The End Of Deleveraging Hasn’t Changed The Economy

November 6th, 2016 · No Comments

  • The first framework to explain the odd behavior of the economy is that of a balance sheet recession.
  • It can only partially explain the behavior of the economy, some mysteries remain.
  • It provides an insight with important implications for investors nevertheless.

The End Of Deleveraging Hasn’t Changed The Economy

Tags: Balance sheet recession · Economy