MishTalk
OCTOBER 8, 2015
If China isn't going to expand its balance sheet anymore, that means it has to stop buying treasuries. When China stops expanding its balance sheet, that also means that the Chinese currency is going to appreciate, and China said it will allow that appreciation to happen. Now what does that mean?
MishTalk
JULY 11, 2014
Historical evidence shows that this rarely happens following a balance sheet recession. Such episodes often coincide with banking crises, which in turn tend to go hand in hand with much deeper recessions – balance sheet recessions – than those that characterise the average business cycle.
MishTalk
FEBRUARY 22, 2015
The modern browser wars began in earnest in 2004, when Mozilla Firefox challenged Internet Explorer''s complete and utter market dominance, successfully growing from zero to several hundred million users in less than five years. Google took over in 2008, introducing its Chrome browser, which caught up with Firefox by 2012.
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