Category: Currency Currents
- Published: 10 June 2010
- Written by Editor
US: Not-so-deficit-hungry anymore
Reading a post from Yves Smith on her blog nakedcapitalism, from where I took the above quotable, she cites a Financial Times article explaining the imbalances that helped set off this collective recession/financial collapse are bound to worsen.
I’m not going to disagree with the article on that point – the imbalances still might worsen before they get better; but ...