Baby Buffett: How to invest for children
Many Happy Returns
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The Liquidity Trap
Macko economics: How can debt cause problems, and is it causing problems? What people usually talk about is something called a liquidity trap. People don't want to buy bonds because they'r worried that interest rates will increase. And at the same time, if you've got poor growth, the banks have lots of deposits. So what you end up with is this period of stagnation that's very difficult to get out of.
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