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The world is indeed swimming in liquidity - kindly provided by the Fed's outrageously low interest rates for several years!

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Sun Feb 12th, 2006 at 05:00:07 PM EST
[ Parent ]
How much of that is corporate, and how much of it is personal?

I'm suspicious of any argument that seems to be trying to conflate personal, corporate and national debt and investment - as Bernanke seems to be trying to do.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Mon Feb 13th, 2006 at 05:20:27 AM EST
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