Tag: GDP
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Don’t Underestimate This Bear Market: Lower Prices Likely Ahead | Michael Lebowitz
For decades now, nations have been taking on debt far faster than their GDP has grown. They’ve kept the borrowing binge alive by having their central banks conspire to push interest rates ever lower. But that process is unsustainable. It’s […]
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The Consumer Is Starting To Fail, Increasing Recession Risk
Consumer spending powers the economy, making up 68% of GDP here in the US. And, like it or not, much of that consumer spending is funded by debt — credit cards, mortgages, auto loans, etc. But rising interest rates are now starting to make […]