The US economy flies into the “coffin corner”, but we don’t mind!

Summary: Every year Wall Street economists see a spike in a few indicators and announce an imminent boom. This slowly fades away, leaving another year of slow growth -- preventing full recovery from the crash. Readers of the FM website have seen this accurately reported since the crash, avoiding the boom-bust cycle of of crushed … Continue reading The US economy flies into the “coffin corner”, but we don’t mind!

The Fed sees a darkening future – and the key fact about our economy

Summary: Today's economic forecast by the Fed gives us another dose of bad news, wrongly overshadowed by their decision not to raise interest rates (resulting from it). Ignore economists' guessing about the next tick up or down in the economy. The key insight is that America can't grow fast but cannot afford to slow.  {2nd … Continue reading The Fed sees a darkening future – and the key fact about our economy

Has America’s economy entered the “coffin corner”?

Summary: Growth slows in the developed nations due to several factors, as debt levels rise. Have we entered the "coffin corner" where we cannot growth sufficiently fast to service our debt? This is the follow-up to The dilemma of the US economy: can’t take off & too close to the brink. . In the absence … Continue reading Has America’s economy entered the “coffin corner”?