US Slides Into Dangerous 1930s 'Liquidity Trap'
By Ambrose Evans-Pritchard in Davos
The United States is sliding towards a dangerous 1930s-style "liquidity trap" that cannot easily be stopped by drastic cuts in interest rates, Nobel economist Joseph Stiglitz has warned.
http://www.informationclearinghouse.info/article19200.htm
http://freepage.twoday.net/search?q=Davos
http://freepage.twoday.net/search?q=Joseph+Stiglitz
http://freepage.twoday.net/search?q=Ambrose+Evans-Pritchard
The United States is sliding towards a dangerous 1930s-style "liquidity trap" that cannot easily be stopped by drastic cuts in interest rates, Nobel economist Joseph Stiglitz has warned.
http://www.informationclearinghouse.info/article19200.htm
http://freepage.twoday.net/search?q=Davos
http://freepage.twoday.net/search?q=Joseph+Stiglitz
http://freepage.twoday.net/search?q=Ambrose+Evans-Pritchard
rudkla - 28. Jan, 05:38