COVER FEATURE ARTICLE, NZ LISTENER 23 FEBRUARY 2008 GARETH MORGAN offers insights into the global economy and tips for dealing with a bear market. Finance company collapses littered New Zealand‘s economic environment last year, making investors and borrowers extra nervous. … Read More
When Good Deflation Turns Bad
BY GARETH MORGAN US deflation is supply-side deflation a.k.a. “good” deflation. Japanese and German deflation is demand-side deflation and is bad, bad, bad. What’s that mean for the world? In the US the supply of goods and services (GDP) continues … Read More