James Aitken says stock vigilantes are alive and well – The Australian Financial Review
For Aitken, the lingering lesson was the power of the combination of fiscal and monetary support. “A huge mistake occurred in 2009 in the form of the self-inflicted European sovereign debt crisis and Tea Party madness. Fiscal policy was halted far too soon.” This is why, he says, the comparisons with 2009 are wrong. “It […]
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