Category: Deflation

How Deflation Could Doom the Economy to a New Great Depression
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How Deflation Could Doom the Economy to a New Great Depression

ING warns that deflation is going to strike the U.S. economy. This could drive the economy into a vicious cycle. It’s another eerie echo of last century’s Great Depression. Chalk up another economic callback to the Great Depression. $1 trillion banking giant ING warned Friday that deflation is about to rock the U.S. economy: The…

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