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Credit Writedowns

Goodbye to Credit Writedowns

Risks to growth and inflation helping keep long rates down

What’s your model on how real GDP grows durably?

Austerity is still the prevailing paradigm right across Europe

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Links: 2013-10-24

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Chart comparisons to an earlier period of accommodative US monetary policy

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On quantitative easing, fiscal policy, and Abenomics

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How is the eurozone periphery doing?

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Links: 2013-10-23

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Reasons behind the sell-off in crude oil

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Hidden debt must still be repaid

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Links: 2013-10-22

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Another example of the primacy of monetary policy from Canada

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