Japan’s Massive Return On Public Investment
It’s argued that Japan didn’t get a return of all its deficit spending in the decades after its epic financial bubbles burst. This could not be further from the truth. […]
Helicopter Money, The Logical Conclusion Of Demand Management?
“If central banks bring interest rates down to almost zero and nothing happens then it is not an ordinary world.” Richard Koo from Nomura via Helicopter Money, The Logical Conclusion […]
Liberal Versus Conservative: A Tale Of Two Economies – Seeking Alpha
Now, we think that this perfectly describes what has happened to the US economy post 2008. There was a whopping $9 trillion hit from falling house prices to household balance […]
Balance sheet recession primer (two for the price of one!)
The best description for what is going on in the economy is a ‘balance sheet recession’. This is a situation in which asset prices have crashed (like the housing markets) […]
If you think austerity works..
Think again. Not a surprise, this..
ZeroHedge unhinged again
Tyler Durden back into fight club mode, but as usual, almost entirely devoid of substance..