tag:blogger.com,1999:blog-11719208.post3075575115187081528..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: Consumer credit contracts sharplyTimhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11719208.post-59009015867417702022009-08-07T15:05:22.020-07:002009-08-07T15:05:22.020-07:00Expect an editorial from Krugman denouncing savers...Expect an editorial from Krugman denouncing savers as traitors to the economy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-19256174518275208692009-08-07T14:28:45.932-07:002009-08-07T14:28:45.932-07:00How can credit expand indefinitely? Something is ...How can credit expand indefinitely? Something is wrong with the constant credit expansion theory. Private debt to GDP cannot expand beyond a certain level before the system becomes unstable.Anonymousnoreply@blogger.com