It seems that I am not the only person who gives some credence to Richard Koo's work, as detailed in http://you-buy-the-high-i-sell-the-low.blogspot.com/2009/01/good-read-holy-grail-of-macroeconomics.html, I think we can learn a lot from the experiences in Japan. The following link written by Carl Stick acts as a good summary of the afore mentioned book. Check it out:
- http://www.telegraph.co.uk/finance/personalfinance/investing/shares/5403059/Stock-market-Were-in-the-yin-phase.html
Friday, 29 May 2009
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