Five Years Since The Great Financial Crisis: “No Growth, No Deleveraging” | ZeroHedge

See on Scoop.itPensamientos Alternados

Finally, this article proves that the European chorus screaming for “growth” when everyone knows it demands merely more of the same drug – debt – is 100% wrong, and that while the underlying causes of “growth” are there, the only thing missing are the symptoms. DB’s Jim Reid provides the charts and facts:

See on www.zerohedge.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s