equivalent of a man with a gun as paul krugman likes to say when describing american style capitalism he says it's basically just men with guns thank you paul krugman ellis close move over to the curve so we hear about a flattening yield curve and we'll talk about trade a second but i want to talk about the old curve what does this indicate alister should anyone be worried. well under normal circumstances a flat you normally would indicate there's a recession in the offing or a very at least very strong chance of a recession in the offing but we've never seen this situation before i mean the idea that it flat you please into recession basically comes about because nobody is borrowing money with long maturities simply because you know let's say the economy is no longer following through whatever whatever. but this time it's not quite like the you. the commies in just concentration that is actually going like a train as you know powerless rice on this problem really is there's just so much money around the idea that you can compare a situation where there is a limited quantity of capital in the system which is a situation where there is over one hundred pe

equivalent of a man with a gun as paul krugman likes to say when describing american style capitalism he says it's basically just men with guns thank you paul krugman ellis close to over to the curve so we hear about a flattening yield curve and we'll talk about trade a second but i want to talk about the old curve what does this indicate alister should anyone be worried. well under normal circumstances a flat you normally would indicate there's a recession in the offing or a very at least very strong chance of a recession in the offing but we've never seen this situation before i mean the idea that it flat you please into recession basically comes about because nobody is borrowing money with long maturities simply because you know let's say that the economy is no longer following through whatever whatever. but this time it's not quite like the u.s. economy is in just concentration that is actually going like a train as you know powerless reisa on this the problem really is there's just so much money around the idea that you can compare a situation where there is a limited quantity of capital in the system which is a situation where there is over one hun

equivalent of a man with a gun as paul krugman likes to say when describing american style capitalism he says it's basically just men with guns thank you paul krugman ellis close to over to the curve so we hear about a flattening yield curve and we'll talk about trade a second but i want to talk about the old curve what does this indicate alister should anyone be worried well under normal circumstances a flat you normally would indicate there's a recession in the offing or a very at least very strong chance of a recession in the offing but we've never seen this situation before i mean the idea that it flat you please into recession basically comes about because nobody is borrowing money with long maturities simply because you know let's say that the economy is no longer following through whatever whatever. but this time it's not quite la the u.s. economy is in just concentration that is actually going like a train as you know powerless reisa on this the problem really is there's just so much money in iraq the idea that you can compare a situation where there is a limited quantity of capital in the system which is a situation where there is over one hundr