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Mark Carney’s widely publicized speech on the state of the global and domestic economy is worth a careful read. He is bang on in much of his analysis of what ails the advanced economies today – the ongoing deleveraging from a long period of unsustainable public and private debt accumulation relative to GDP in which [...]
Posted by Andrew Jackson under Bank of Canada, corporate income tax, corporate profits.
December 14th, 2011
Comments: 6