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Tag Archive: inflation

Goldman Sachs: Reducing Wages in Periphery Is Not Enough

2012-12-28

by George Dorgan

2012-12-28

Wage Reduction Not Sufficient NIIP

The must-read Goldman analysis on Zerohedge: it is not enough to reduce wages in Greece or Spain. These countries will see lost decade(s). Completely in-line with our analysis that

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The End of Swiss and Japanese Deflation

2012-07-12

by George Dorgan

2012-07-12

Deflation Japan USA

At a time of speculations about global deflation, we show an interesting and very different aspect. Our CPI and wage data comparison among different developed countries, shows that Switzerland and Japan will see both inflation, whereas other countries like Australia will see disinflation.

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