Home » Economy » How recession in debt deleveraging cycle different?

How recession in debt deleveraging cycle different?

We’re in a time of unusual economic uncertainties.

David Rosenberg thinks, in the following video discussion, that this recession is fundamentally different from post-war recessions. The difference is this severe recession is coupled within a secular cycle of credit contraction.

While others think the US is in a subdued period of economic growth. Once unemployment starts getting better, and household gradually improves their balance sheets, with huge corporate cash piled up waiting to be invested, it’s a matter time that American economy will be back on track.

A lively discussion – don’t miss this one:



Leave a comment

Your email address will not be published.