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Debt-O-Nomics | Economic Undertow

Deleveraging is currently ongoing and the outcome in the industrialized West is general deflation . Moderns have near-zero experience with deflation or appreciation of how it works except in a few countries such as Japan [...]

Alert household debt | Stock Market Today News – Market Watch

He even says that the world arrived at Minsky . This is the point where institutions (governments, banks, etc.) are so indebted that they must sell off their assets to meet their liquidity needs, creating a deflationary spiral, which … [...]