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.
Zero Percent Down Loans in a Raging Bubble: Didn’t We Try This Before? - Australian parliament member Andrew Broad wants banks to accept zero percent down loans. New.Au calls the proposal a “creative idea”. (more…)
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