US economy ‘on the road to deflation’…

06 Aug 2010 | Filed under: Uncategorized

Back in 1996 I was living in Hong Kong and it was around the time that Alan Greenspan made his “irrational exuberance” speech. Roger Bootle, now of Capital Economics fame, wrote the book “The Death of Inflation” – it is an easy read for an economic study and well worth it. It should be required reading for all CEO and FD anyway, you are going to have to learn a whole new set of rules.

US economy ‘on the road to deflation’, warns Pimco boss El-Erian – Telegraph.

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