The Fed will use these power tools during the next big recession

Summary: Six years after the recession ended, we are due for another recession. Many experts say that the government is “out of bullets” to fight the next severe downturn. That’s quite false because 2008 marked the start of a new era in which our leaders manage the business cycles using strange and awesome tools. We’ll … Continue reading The Fed will use these power tools during the next big recession

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William Lind describes 2 visions of America’s future

Summary:  What will America look like in in 2025, after another decade of our long war? In the second of this series William Lind describes two scenarios, failed and successful responses to risks regarded as likely among paleoconservatives. Seeing visions of the future like this can help you decide how to vote in November 2016. … Continue reading William Lind describes 2 visions of America’s future

Updating the recession watch; & what might the government do to fight a slowdown?

Summary: The economic data continues to darken. Let's review the situation -- updating the recession watch -- and guessing what might be the government's response to a recession. It's an era of new normals, so we should expect steps that would have been considered incredible or even mad a decade or two ago.  {1st of … Continue reading Updating the recession watch; & what might the government do to fight a slowdown?