Re: [OPE] estimating the severity and duration of a capitalist economic crisis

From: glevy@pratt.edu
Date: Sun Mar 23 2008 - 13:42:23 EDT


> Subject: Kenneth Rogoff on the problem of global inflationary
pressures in 
> a speculative world 
> So what happens
next? If the United States tips from mild recession into 
> deep
recession, the global deflationary implications will cancel out some 
> of the inflationary pressures the world is facing. Global commodity
prices 
> will collapse, and prices for many goods and services
will stop rising so 
> quickly as unemployment and excess capacity
grow. 

Hi Jurriaan:
That's a big "if".
In solidarity, Jerry




_______________________________________________
ope mailing list
ope@lists.csuchico.edu
https://lists.csuchico.edu/mailman/listinfo/ope


This archive was generated by hypermail 2.1.5 : Mon Mar 31 2008 - 00:00:15 EDT