[Oscar Ugarteche/Ariel Noyola Rodríguez, January 2014] Everything appears to indicate that stage ten of the crisis that began in August of 2007 has arrived in force; a crisis that has involved multiple bank failures and massive budgetary costs in the United States. This has been followed by serious adjustments in consumption that have resulted in an impact on the growth of the Eurozone economy as well as … Continue reading Stagnation with deflation: The crisis – Stage ten