A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic.
Bob Bartlett, Politician (1904) |
William Bartram, Environmentalist (1739) |
Felix Baumgartner, Athlete (1969) |
Peter S. Beagle, Author (1939) |
W. H. Davies, Poet (1871) |
Carmen Electra, Actress (1972) |
David Filo, Businessman (1966) |
John Gibbon, Soldier (1827) |
Crispin Glover, Actor (1964) |
Lee H. Hamilton, Politician (1931) |
Paul Celan, Poet (1970) |
Bernard Katz, Scientist (2003) |