Recession Watch: a turning Point in Unemployment Claims?

A new era has begun for the US and global economy, trashing the simple rules of the post-WWII era. Instead of the business cycle (the “clock” analogy found in textbooks), we have secular stagnation interrupted by frequent bubbles alternating with bouts of debt deflation that are fought by massive government stimulus programs. Since we have […]

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This article by Editor of the Fabius Maximus website originally appeared on fabiusmaximus.com on November 20, 2015 at 02:41AM