Brad Setser har skidt nyt fra Asien

There is currently a shortfall in Chinese demand for the world’s goods...

"...Let’s go through several key points in more detail:

The core problem in the global economy is a shortage of demand for goods, not a shortfall in demand for safe government bonds

The collapse in global trade recently has been absolutely stunning. Exports are down over 20% in a host of Asian economies. China is actually doing comparatively well. Its exports so far have fallen less than Korea’s exports, Taiwan’s exports and Japan’s exports. Global output is falling..."


Massivt fald i eksporten og ditto industriproduktionen. Vi kan meget vel få en depression, ikke en gentagelse af Den Store Depression, men en depression. Hvor lang tids forsinkelse før dansk erhvervsliv bliver ramt.

Engang i marts eller først i juli... Nogen der har indsigt i det?

Nu virker 200.000 arbejdsløse ikke som en umulighed ultimo 2009.
Det er jo ikke gode nyheder for boligpriserne