I’ll continue with the deflation conversation and dive into the following;
- We start by looking at GM’s Channel Stuffing which is akin to their pre-bankruptcy days
- Deflation is a “BAD COCKTAIL” for small business when they won’t borrow and they have rising loan delinquency
- Deflation attacks the malls as Credit Suisse predicts a 25% closing in the next five years
- Even the Fed Beige Book has weighed in on the impact of deflation. Perhaps in a way you hadn’t thought.