Friday, April 17, 2009
Mish on the Glut
Mike Shedlock demolishes the supposed savings glut which Zimbabwe Ben and our newest Economics Nobel Laureate Paul Krugman favor at his Global Economic Analysis, 7 April 2009, link: http://globaleconomicanalysis.blogspot.com/2009/04/neither-krugman-nor-bernanke-can.html. Read. Enjoy and realize how bad the current state of economic analysis is.