They are “depressions,” “debt deflations .” Soros, Keen, Minsky and others might say that the expansion phase of the financial cycle can simply wash out recessions. This is what happened in the period after 2000, when the … [...]
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At the second stage, its impact is to bring a debt deflation process that can result in a contractionary feedback loop with an economic and financial crisis. a. …. Even If… Michael Stephens — Registration Open for Minsky [...] In this episode, Max Keiser and Stacy Herbert look at the the central bank revolution that will end in disaster with Japan leading the way after voters have [...] Today that balloon is deflating and no matter what the Fed does, it can't seem to reflate that balloon. And the deflationist concludes that as long as that balloon is deflating , not inflating, we MUST have deflation , and the value … [...] No other economy has (yet) suffered anything like Japan's 20 years of economic stagnation. It would not be surprising, therefore, if truly radical measures to deal with deflation were pioneered in Japan . Outside Japan , no … [...] As I said recently, with respect to the ever increasing weight of deflation , all we are waiting for now is the ” Minsky Moment” i.e. the point in time when the asset bubble unwinds violently. Having just re-reviewed his “Financial … [...] The current preoccupation with debt harks back to a long tradition in economic analysis, from Fisher's (1933) theory of debt deflation to Minsky's (1986) back-in-vogue work on financial instability to Koo's (2008) concept of … [...] This clip briefly covers the question whether monetary and/or fiscal intervention are warranted to reduce the length of recession, in light of the risks of debt-deflation and/or [...] |
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Time To Be Long The Yen – In Times Of De-Leveraging – Seeking …
Friday's surprisingly high Japanese CPI data (only 0.1% deflation on a yearly basis) reversed the negative sentiment towards the Japanese Yen. As Christopher Vecchio explains, the stronger yen might also cause a fall in all … [...]