What do you get when you combine the deflationary Great Depression with the stagflationary 1970s?
March 26, 2012
Financial Times: UK pensions crying out for inflation-linked gilts
“Our clients need 30-60 year inflation-linked bonds and more of them,” says Gavin Orpin, a partner at Lane Clark & Peacock.
“We are in a situation we have never seen before; something like Japan with inflation,” he says.
All your gilt are belong to us.
The Market Ticker - That Nasty Ratio (Debt:GDP) - Yes, *Puerto Rico *has a ~70% debt-to-gdp ratio. That's hideous, and they can't service it over the long term. The reason is found in math. *The United...
1 hour ago