Slowing Down, Yes, But To What?

Did the world ever really get out of the last recession? Jeffrey P. Snider argues that we never recovered from the financial crisis of 2008 and that the US has tricked the world into believing that we are on the path to recovery and inflation. He claims that what looks to be a brief “bouncing back” during 2021 may just be a slowdown as we return to a receding economy, as data seems to suggest that the economy is actually stagnating because there’s no money left to drive inflation. Read full article here

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