Dean Canova Quoted in Article on Economic Bubble
February 24, 2009
Associate Dean Timothy Canova was quoted in an article entitled, “The Next Economic Bubble To Burst? Take Your Pick.” The article considers trouble spots in the economy that analysts believe may wreak havoc in the future. Regarding Treasury Bonds, Dean Canova states, “The next bubble could be in Treasury’s . . . America remains dependent on huge inflows of foreign capital to finance debt … if foreign capital inflows were to slow even a little, there could be a sudden drop in Treasuries and dollar-dominated assets.” Read article …