Financial Markets : Real Economy (Is There a Proper Balance?)

[digg-reddit-me]Simon Johnson’s article in The Atlantic Monthly continues to generate attention and controversy. His thesis is essentially this: In its depth and suddenness, the U.S. economic and financial crisis is shockingly reminiscent of moments we have recently seen in emerging markets (and only in emerging markets): South Korea (1997), Malaysia (1998), Russia and Argentina (time and again). … Continue reading Financial Markets : Real Economy (Is There a Proper Balance?)