Deflation seems to be the major threat right now. Reviewing history, suggests that the world suffrered deflation two times. The first time was during the 1930's and the second time was during the 1990's in Japan. We are likely to see the third time but the major difference this time is that all governments make tremendous efforts in order to reinflate the economy. This brings us against two scenarios.
Monday, December 29, 2008
Subscribe to:
Posts (Atom)