Tagged with: deflation
suhasinisakhare.com
David Blanchflower wrote in the Guardian on November 16, arguing that with property prices falling, inflation could come to the rescue of home owners in the UK. He predicts a 20% loss in property prices, I'd go with 50%. I prefer analyzing people first, and rather than number crunching, I studied the point in history when irrational exuberance over property prices began in the UK. This was 1997 ....
suhasinisakhare.com
Two stories contribute to this post. The first, an article published on cnn.com, which called Japan - the feared future of the developed world . The second, a news item published on the BBC website, pointing out that Europe's growth rate had slowed . So, are we heading towards a universal stagnation? A period of global low growth, low domestic demand, over-reliance on exports, high unemployment a...
suhasinisakhare.com
Credit Rating Agencies are pretty much a law unto themselves. Moody's recent intervention in the evaluation of Ireland's debt, projecting numbers on the higher side of the worst case scenario, was particularly pernicious . The Americans remain vary of regulating them. The Financial Reform Act passed into law in July 2010 imposed a higher measure of liability on them, but provided an escape route....