Global deleveraging is a myth. Austerity is a myth. A discussion with
Tim Price a partner and director of Investment at PFP Wealth. Looking at the issue of deleveraging and the situation with European stock market.
With the debt problem even more impossible to solve since 2007 and
European stocks rallying close to all time highs even when their
earnings prospects disintegrate Tim thinks that this is an Alice in
Wonderland market.
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