This morning my colleague Aaron Spicer brought to my attention recent data showing that a drop of credit availability constitutes a warning sign of a double-dip recession, which was feared by everyone not so long ago.
Is this the case?
Is the current tightening of credit, mainly caused by higher fuel and food prices, a real threat to the economy?
If so, what does it mean?
We had published our opinion on this topic when this issue seemed to be of highest concern. We believe it is highly relevant to ask this question once again.
Please see : Economic soft landing

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