[lbo-talk] Bank? matress? bank? matress?.....

Doug Henwood dhenwood at panix.com
Wed Apr 1 08:06:49 PDT 2009


On Apr 1, 2009, at 10:47 AM, Carrol Cox wrote:


> Just how certain are you that this is (simply) a financial crisis and
> not a crisis of world over-capacity?

It's one of those too - it's not purely a financial crisis, though that's how & where it started. But overcapacity is also a deflationary force.

Doug



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