Simon Johnson comments on renewed speculative activity by the banks. He fears that the next bubble-and-pop may be in emerging markets, especially China.
For those who wish to understand more, Simon's website, The Baseline Scenario, offers a beginner's guide to the global financial crisis (GFC).
DISCLAIMER: Nothing here should be taken as personal advice, financial or otherwise. No liability is accepted for third-party content, whether incorporated in or linked to this blog.
No comments:
Post a Comment
Unfortunately, because of a plague of spam comments, you need to be a "registered user", otherwise your observations will be buried in a torrent of multilingual nonsense. Please do comment!
Say what you please, so long as it's phrased politely and is not libellous or legally proscribed. Fact, reason and wit are keenly welcomed.