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Tag Archives: we’re doomed
Albert Edwards’ uncheerful thoughts on the world economy
Zero Hedge – Albert Edwards: At 500% Net Liabilities To GDP, It Is Too Late To Prevent The Collapse Of The G-7; Greece Is Irrelevant, We Are All Now Insolvent: For Greece, with on and off balance sheet liabilities at … Continue reading
Word of the Day: The Guidotti-Greenspan Rule (Economics)
The Daily Crux – The bankruptcy of the United States is now certain: “When governments go bankrupt it’s called “a default.” Currency speculators figured out how to accurately predict when a country would default. Two well-known economists – Alan Greenspan … Continue reading