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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (100831)8/14/2009 9:47:37 PM
From: Killswitch1 Recommendation  Read Replies (1) | Respond to of 116555
 
Steve Keen has a new presentation out now where he discusses what might work best to mitigate the deleveraging "problem".

This includes some economic simulations of solutions including giving money to banks vs. giving money directly to debtors to pay off debts. Looks like giving money directly to the debtors instead of bailing out banks works a lot better at least in these simulations.

debtdeflation.com