@LetterstoaN @DeutscheBank @SoberLook Spelling out the significance of the 1920-21 deflationary shock as a global event was one of the main points of my book Deluge.
RT @gonglei89: Popping real estate and stabilizing its downfall is really only one step in a broader transition sequence. What
RT @gonglei89: Popping real estate and stabilizing its downfall is really only one step in a broader transition sequence. What people shoul…