Research shows that major debt retrenchments come with a protracted period of low GDP growth - 1.5% below normal.
Daily Archives: August 24, 2012
5 posts
Dr. Doom is out with his gloomiest message yet: This time he says the odds of a global recession are “100!”
Both stocks have declined substantially from their highs and formed reasonable bases from which to launch a rally.
Gold prices reached a four-month high late this week amid speculation as to whether the metal could move even higher if more economic stimulus is announced.
The U.S. middle class suffered the worst decade in modern history, based on the latest Pew research. Age played a role in who likely took the biggest wage hit.