jump to navigation

Why is the market rising while the real economy has tanked? April 3, 2013

Posted by larry in economics.
I was asked the other day why, if things were really so bad in the economy, the stock market was rising; I mentioned something about leverage and that it couldn’t be due to the real economy since it had virtually tanked, but I didn’t really have the answer and I certainly had no data to point to.
       Steve Keen thinks he has discovered why this is happening.




No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: