The charts show it all went bad around November. And it continues to deteriorate with every passing week, with the latest data showing cars, housing, and employment decelerating accordingly.Must have been some event that set it off? It was around the time of the election, but I can’t recall specifically what would set off something like this?Comments welcome!
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
John Quiggin writes Dispensing with the US-centric financial system
John Quiggin writes How to dispense with Trump’s US
John Quiggin writes Trump has thrown out the global economic playbook. It’s time for Australia to write its own rules
tom writes Germany’s election & why it is important to understand the Ukraine War
The charts show it all went bad around November. And it continues to deteriorate with every passing week, with the latest data showing cars, housing, and employment decelerating accordingly.
Must have been some event that set it off? It was around the time of the election, but I can’t recall specifically what would set off something like this?
Comments welcome!