Have we not gotten just a trifle ahead of ourselves?
Let's see if India and China can stay out of stagflation first, shall we?
On Thu, Sep 11, 2008 at 9:32 PM, <dredmond at efn.org> wrote:
> Intrepid economics blogger Brad Setser (http://blogs.cfr.org/setser/) has
> a fascinating new report on the credit machinery of the post-American
> world:
>
> http://www.cfr.org/content/publications/attachments/Debt_and_PowerCSR37.pdf
>
> It's quite extensive, but well worth reading.
>
> -- DRR
>
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