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Recovery duration after financial crises
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« Milton Friedman on stimulus and inflationEconbrowser has a good guest post dealing with aspects of the recovery after the severe financial crisis »

Recovery duration after financial crises

10/25/12


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Recovery duration after financial crises

Permalink 09:24:56 pm, by editor of MarketObservation.com Email , 91 words   English (US)

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Categories: Economics United States, Economics Global

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Reinhart and Rogoff, many times referred to on this platform, show in their latest article on Voxeu.org that the current recovery is not slower as those in previous financial crises.

The de-leveraging process is at the best in a beginning stage. We will see much more austerity and financial repression. A kind of bad prospects on a macro level... some "animal spirit" on a micro level can make life a bit sweeter .. at least for those who are looking for entrepreneurial challenges.

Source: Voxeu.org

Keywords: Financial Crisis, Recovery after Financial Crisis

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