We’re In A Contained Depression That May Last As Long As A Decade
Aug 26, 2010
Kevin Feltes, an economist for the Jerome Levy Forecasting Center, solicited my opinion on a couple of their recent articles.
Levy comes down on the side of deflation, as do I. However, the devil is in the details, as always. I will go through one of their articles in a point-by-point fashion, stating where I agree and disagree with their analysis.
This is a long post. Please give it some time.
via We’re In A Contained Depression That May Last As Long As A Decade.
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