Posts Tagged ‘Financial Crisis’
America’s Coming Double Dip
www.zerohedge.com Soaring financial markets are blithely indifferent to lingering vulnerabilities in the US economy. But the impact of consumers’ fear of COVID-19 on pandemic-sensitive services are unlikely to subside, undermining the case for the uninterrupted recovery that investors seem to expect. The double dip is not a dance. It is the time-honored tendency of the US economy to…
Read MoreNine States Headed For Recession In Six-Months, Most Since Financial Crisis
President Trump’s core campaign promise was to “Make America Great Again,” through a revival of the manufacturing complex via launching a trade war against China and debt-fueled tax cuts for corporations. Most of the recovery, well, it was a sugar high, that by the time late 2018 rolled around, economic growth rates started to reverse. Manufacturing…
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