Larry Summers Has a Wintry Outlook on the Economy – Businessweek
The Week Magazine |
Larry Summers Has a Wintry Outlook on the Economy
Businessweek Summers's conclusion is deeply pessimistic: If he's right, the economy is incapable of producing full employment without financial bubbles or massive stimulus, both of which tend to end badly. The collapse of the debt-fueled housing bubble led to the … Larry Summers and the eternal US bubble Has the US Economy Entered a 'Permanent Slump'? How saving endangers the economy — and what to do about it |
