In the article Revenge of the Glut written by Paul Krugman talks about some issues like the subprime crisis and some of the leading fraction of the problem. The article is direct towards the American people and the readers of the New York Times. When written the article discuss about the different debt trouble that keep emerging.
One question that could be asked is how this global debt crisis happen? Many believe like Ben Bernanke it has something to do with the Asia. He said "emerging economies of Asia had been major importers of capital, borrowing abroad to finance their development." Bernanke was just to saying the Asia is consider to be the top emerging counties. In the conclusion the main issue and points the author is making is in the decline of money.
