bloomberg.com - 2/14/2009
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Feb. 12 (Bloomberg) -- The cost of protecting Japanese corporate bonds from default rose to a record as the world’s second-largest economy battles a worsening recession.
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Staring into the Abyss
Global Economy Matters —
By Claus Vistesen: Copenhagen “If you gaze long into an abyss, the abyss will gaze back into you.” - Frederic Nietzsche “When you get that close to the abyss, you can always jump tomorrow.” - Unknown This beautiful Saturday morning in Copenhagen, I am reading the latest edition of the Economist and there are a couple of interesting bits and pieces I want to start with. First of all, the Economist runs a long piece on Irving Fischer and his debt-deflation theory. Since I am digging hard in the annals of economic history at the moment I find it a good ...
Staring into the Abyss
Euro Watch —
By Claus Vistesen: Copenhagen “If you gaze long into an abyss, the abyss will gaze back into you.” - Frederic Nietzsche “When you get that close to the abyss, you can always jump tomorrow.” - Unknown This beautiful Saturday morning in Copenhagen, I am reading the latest edition of the Economist and there are a couple of interesting bits and pieces I want to start with. First of all, the Economist runs a long piece on Irving Fischer and his debt-deflation theory. Since I am digging hard in the annals of economic history at the moment I find it a good ...
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