Jesse's Café Américain

"Why is my language not clear to you? Because you are unable to hear what I say. You belong to your father, the devil, and you want to carry out your father’s desires. He was a murderer from the beginning, not holding to the truth, for there is no truth in him. When he lies, he speaks his native language, for he is a liar and the father of lies."
John 8:43-44

Showing posts with label deleveraging. Show all posts
Showing posts with label deleveraging. Show all posts
21 April 2009

Collapsing US Aggregate Demand Strikes Imports Hardest

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Falling aggregate Demand and the weaker dollar have finally broken the back of the parabolic growth of imports and the US trade deficit. As ...
09 March 2009

Finacial Crisis Racks Up $50 Trillion in Worldwide Losses in 2008

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This is the price we pay for chronic malinvestment, unsustainable imbalances, a bubble in the world's reserve currency, and a blind eye ...
09 February 2009

The Incontrovertible Truth About Debt, Deleveraging, Devaluation and Recovery

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It is incomprehensible that any informed economist does not understand this difference between deflationary deleveraging and a cyclical rece...
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