Deflation fear is alive and well. The constant parallels being drawn to the Depression era as well as to the Japanese experience leads to the feeling we’re looking at a pretty gloomy period for a long time.
~ Wan-Chong Kung, who helps oversee $76 billion in fixed income as a money manager at FAF Advisors Inc. in Minneapolis, the asset-management arm of U.S. Bancorp, "Obama Bonds to Give Buyers Taste of Japan Lost Decade," Bloomberg.com, December 8, 2008, by Wes Goodman
Dec 9, 2008
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