Gary Shilling, Nouriel Roubini and Paul Krugman Warn About a Prolonged Deflation

By on May 13, 2009

There is a risk that the weak economy could result in a devastating deflation which feeds on itself. The government and Fed are desperately fighting to avoid a 1930’s style deflationary depression. Many worry that these “over the top” efforts will result in an uncontrollable inflationary spiral.


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