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For “Ask an Economist” this week, I have two questions from J.R. He says, “My question is what happens when the government continues to spend out of control where it potentially out spends its ability to pay its bills/debt?
With the...
This is how bubbles collapse: the "vital few" 4% sell at whatever the market will bear, pushing prices down, and the 64% awaken to the rapidly narrowing window for locking in bubble capital gains.Here's how we can tell if...
Jobs are up, wages less so – and lower purchasing power could still lead the US into a recession
Economists are...
conomic growth in the United States accelerated to a 2.4 percent annualized rate in the second quarter of 2023, picking up from 2.0 percent in the first quarter, and climbing well above the 1.8 percent rate predicted by economists. Many analysts...
