My comment: Not sure if you have access to this article as it is in a partly pay-per-read site. In case you have troubles and you want further reading about it, please tell me and I will produce an abstract of his work. As you all know, N. Roubini has become one of the popular gurus of this crisis. I do not share many of his thoughts, but about this topic in particular (stagnflation vs. deflationary recession) I share his perspective, we cnnot discard the risk of facing a deflationary recession instead of hyperinflation.
A group in Beijing has suggested the posibility of a new economic phenomenon for this crisis. Hyperinflation in food and other commodities and deflationary recession in financials and other high end goods and services. Simultaneous deflationary recession and hyperinflation would be a situation that no economy ever experienced. Peace and best wishes. Xi The Coming Global Stag-Deflation (Stagnation/Recession plus Deflation) Email PrintShare. (Nouriel Roubini) http://www.rgemonitor.com/blog/roubini/254148/the_coming_global_stag-deflation_stagnationrecession_plus_deflation Last January – at a time when the consensus was starting to worry about rising global inflation - I wrote a piece titled Will the U.S. Recession be Associated with Deflation or Inflation (i.e. Stagflation)? On the Risks of “Stag-deflation” rather than “Stagflation” where I argued that the US and other economies would soon have to worry about price deflation rather than price inflation. On Oct 15, 3:56 pm, "Xi Ling" <[EMAIL PROTECTED]> wrote: > Evolution of the Baltic Dry Index last months. Special attention at its fall > in October. > > Source: > > http://www.bloomberg.com/apps/quote?ticker=BDIY%3AIND > > Peace and best wishes. > > Xi > > baltic_dry_index_october.gif > 3KViewDownload --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "World-thread" group. To post to this group, send email to world-thread@googlegroups.com To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/world-thread?hl=en -~----------~----~----~----~------~----~------~--~---
