MARKET FLASH:

"It seems the donkey is laughing, but he instead is braying (l'asino sembra ridere ma in realtà raglia)": si veda sotto "1927-1933: Pompous Prognosticators" per avere la conferma che la storia non si ripete ma fà la rima.


venerdì 27 dicembre 2019

2020s to Stagnate If Private Debt Overhang Is Not Reduced

Will OPEC+ Members Comply With Its Production Targets in 2020?

SBTV guest, Professor Steve Keen, who was credited as the first Australian economist to have warned of the 2008 financial crisis years before it happened. Steve Keen believes the global economy is stuck in a 'lost decade' type of credit stagnation which will continue into the 2020s if private debt levels are not reduced.