deleveraging – Page 9 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

The choice is between increasing or decreasing aggregate demand

Debtflation

Plosser: The Fed must stop qualitative easing

The next crisis is already under way

Data on past consumer deleveraging during recessions

Why is everyone saying consumer credit is falling? It’s not.

Consumer credit falls 4.4% from year ago levels

A brief look at the Asset-Based Economy at economic turns

The recession is over but the depression has just begun

Roach: The west went on a “drunken binge of excess consumption”