Are we doomed?

Udmærket gennemgang af krisen fra Adam Smith Institute

Tsunami Eberhardt,

08/08/2011

Udmærket gennemgang af krisen fra Adam Smith Institute.

"What we are witnessing now are the concluding chapters of a credit-cycle that began in the early 2000s, when the US Federal Reserve decided to avoid the recession that should have followed the collapse of the dot-com bubble by flooding markets with easy money and cheap credit."