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This crash in prices of risky financial assets would not overly concern the rest of us (were it not) for the havoc that it has wrought on the price system, which is sending a peculiar message to the real economy. The price system is saying: shut down risky production activities and don't undertake any new activities that might be risky.
°ýȣģ were it notºÎºÐÀÌ ÀüÇô ÀÌÇØ°¡ µÇÁú ¾Ê³×¿ä. (Âü°í·Î Àú °ýÈ£ Á¦°¡ Ä£ °Å¿¡¿ä..;;) 1. ¿ÀŸ°¡ ¾Æ´Ï¶ó¸é ¾î¶»°Ô ÇØ¼® ÇØ¾ß µÇ´ÂÁö.. 2. ±×¸®°í ºñ½ÁÇÑ ¹®Àå ±¸Á¶¸¦ °¡Áø ¿¹¹® Çϳª ºÎʵ右´Ï´Ù.
Happy New Year Everybody.
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