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Overcapacity or Deflation ?


JEast
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I know most are tired of posts about deflation and comments about debt deflation and Irving Fisher, but I just find our current economic situation so very eerily similar to '29-'32 and the Japan experience. Based on the most recent data, it appears the PPI in the attachment below will not be in recovery for sometime.

 

 

Cheers

JEast

 

 

 

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