Debt-Cutters Ignore El-Erian Growth ‘Denominator’ to Detriment of Economy - Bloomberg

Federal Reserve Chairman Ben S. Bernanke has called the housing market the “epicenter” of the troubles facing the economy

and has singled it out as a major reason why the recovery has been slower than central bankers had forecast.


Debt-Cutters Ignore El-Erian Growth ‘Denominator’ to Detriment of Economy - Bloomberg