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Deflation

by Chris Gilbey at 07:05AM (EST) on January 29, 2006 | Permanent Link | Cosmos

Here is a follow on from the post below about Stephen Roach's latest. A Reuters story that hilights the probability of market volatility starting in the next week as Greenspan hands the baton to Bernanke. The problem that needs to be faced as a result of globalization, easy credit and overblown US deficit, is one of deflation. And Bernanke's expertise is elsewhere.

Keywords: economics

Technorati Tags: economics

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