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Prosperity at the expense of future generations
The U.S. economy has shown remarkable resilience: neither the coronavirus pandemic nor the energy crisis caused a recession like 2008, let alone the crash of 1929.Could the Fed have learned from past mistakes and put a definitive end to deep recessions and financial storms? Unfortunately, this is far from being the case. The "successful" overcoming of these problems has not resulted from a brilliant strategy but from indebtedness: from $23.2 trillion in the first quarter of 2020, total public de...
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Posted: Sep 26 2023, 19:40
Author Name: forexlive
Views: 090893
