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Listen to the slowing US economy, hear echoes of Japan

Summary: Now in its sixth year, this sorry excuse for an expansion is ready to boom — accelerating to “escape velocity” — according to many economists. Or perhaps the boom grows old, even sclerotic, so we should start watching for the next recession. The consensus of economists never sees a recession until it begins, so …

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It’s not too soon to worry about the US economy. There are things worse than slow growth.

Summary: Here’s another status report on the US economy.. Most economists expect faster growth. Perhaps so, but there are dark spots in the picture. Concerns about unsustainable auto sales, weakening exports, and (the big one) the mini-housing boom rolling over. . Expectations run high for the US economy, an acceleration from the 2%/year GDP growth …

It’s not too soon to worry about the US economy. There are things worse than slow growth. Read More »

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 …

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

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