Tuesday, March 3, 2009

Op-Ed Columnist - Revenge of the Glut - NYTimes.com

One way to look at the international situation right now is that we’re suffering from a global paradox of thrift: around the world, desired saving exceeds the amount businesses are willing to invest. And the result is a global slump that leaves everyone worse off.
Op-Ed Columnist - Revenge of the Glut - NYTimes.com

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