In the past, there were already recessions in the economy. These were phases of shrinking gross domestic product (GDP) that lasted two, three quarters or a whole year. Rising unemployment and shrinking incomes were practically […]
There’s reason to believe that the combination of high levels of public and private indebtedness combined with high interest rates could lead to financial trouble in the not-too-distant future. In Ann Pettifor’s Substack. Read the […]
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