You really know your apples, I had no idea that we had a "deflationary" economy for half of the last four centuries!
. What can be a problem is deflations where large amounts of debt have been built up since those debts then
OH yes, so you mean conversely, debt is eroded when there is "inflation".
If this is due to a credit bubble (debt-deflations almost always follow credit bubbles)
I am following this...and I do know about the Japanese economy, although I was not sure how bad it actually was...So japanese property prices are back to what they where in 1982!! That I really did not know! Are you suggesting this can happen here in the UK or is quite likely?
This means that people hold assets which don't match the debt out on them and steadily have more problems servicing that debt. In
Was there not some thing similar that happened in South America?
Basically the whole system ratchets down in a reverse of
Putting it all together Respected Mr. Holmes, what will be your general expectation. Can people still expand their businesses in this kind of climate? Will people still have propserity? --