Donna Kardos Yesalavich speaks with Richard C. Koo, chief economist of the Nomura Research Institute, from the CFA Institute conference in Boston about what defines this type of recession and how ...
The global economy has gone from 'balance sheet recession' after 2008 to 'balance sheet no-cession' today. Asset values have outpaced debts to reach 15 times world GDP. This has kept economies ...
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