18 November 2009

Round table economics discussion - 2009-11-17

In this episode of the Optimistic Bear round-table economics discussion our panelists (Elliott & Jeremy) talk about how the fact the US does not have much debt denominated in foreign currencies sets it apart from other nations which have had gret economic stresses. They also talk about how a deeper recession may not mean a break-down in civil society, but that it could lead to greater inneficiences as businesses and consumers start to keep greater supplies of goods to make up for a less predictable supply chain.

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