Archive for the ‘deleverage’ tag
Deleveraging the system
One point I keep repeating (over and over…) is that we still have too much leverage in our financial system. Consumers, corporations and our government are all overleveraged. What does that mean? We need to deleverage. But just because we need to do something doesn’t mean it will be easy; it just so happens that [...]
Deleveraging Our Nation
In a WSJ article from yesterday, the author explores how prices are dropping right and left, leaving our nation open to the very real possibility of deflationary forces. What’s this mean? Things get cheaper. But as the article confirms, “deflation can lead to a vicious spiral of business closures … and layoffs.”
But one phrase in [...]
