Friday, November 21st, 2008

Posts Tagged ‘ Paul McCulley ’

The Paradox of Deleveraging

Jul 29th, 2008 | By Paul McCulley | Category: Politics & Economics

I have often commented about the problem of personal savings. We worry about the lack of savings here in the US, but many do not understand that if everyone started to save 5% of there income immediately that it would seriously impact consumer spending, pushing the US into a recession.



A Kind Word for Inflation

Jun 24th, 2008 | By Paul McCulley | Category: Politics & Economics

This week’s Outside the Box will challenge a few of your base assumptions. Paul McCulley, the managing director at PIMCO, offers us a kind word for inflation and the reasons that the Fed will be on hold for a lot longer than the markets currently think. And part of that is to avoid a real recession or even a depression. Getting this debate right is important.