A “Big Picture” summary of why a recession still looks likely, even if it hasn’t occurred yet – by New Deal democrat The below started out as a comment somewhere else, but it is too good a “big picture” summary of where the economy is today and not to post it here. I still intend also to take a more detailed look at the housing market, but since the below lays the groundwork for that, I’ll post it later (maybe later today, maybe not). What...
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