Mika Kotikoski - My Blog - Notes And Thoughts
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- INVESTMENT - Comms During a Big Crash
- POLITICS - FUNDAMENTAL FLAW OF WESTERN DEMOCRACIES
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INVESTMENT - 09-12 - Euro Crisis: Why Not To Expect Recovery Anytime Soon
from The Economist:
…Over the 138-year timeframe Mr Taylor finds crisis preceded by the development of excess credit, as in Ireland and Spain today, are more common than crisis underpinned by excessive government borrowing, like in Greece. Fiscal strains in themselves do not tend to result in financial crisis…
