What Deflation Quacks Like

What Deflation Quacks LikeAs yet another day of headlines shows, see the links and details in today’s Debt Rattle at the Automatic Earth , deflation is visible everywhere, from a 98% drop in EM debt issuance to junk bonds reporting the first loss since 2008 to corporate bonds downgrades to plummeting cattle prices in Kansas to China’s falling demand for iron ore and a whole list of other commodities.

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