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86%  
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  • What Deflation Quacks Like

    12/07/2015 10:25:37 AM PST · by blam · 24 replies
    TMO ^ | 12-7-2015 | Raul_I_Meijer
    Dec 07, 2015 Raul_I_Meijer As yet another day of headlines shows, see the links and details in today’s Debt Rattle at the Automatic Earth, deflation is visible everywhere, from a 98% drop in EM debt issuance to junk bonds reporting the first loss since 2008 to corporate bonds downgrades to plummeting cattle prices in Kansas to China’s falling demand for iron ore and a whole list of other commodities. The list is endless. It is absolutely everywhere. And it’s there every single day. But how would we know? After all, we’re being told incessantly that deflation equals falling consumer prices....