Everything Everywhere Is Crashing (Here Are The Shocking Details)
Rebel Capitalist News
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Understanding the Interconnection Between Asset Prices and Economic Stability
This chapter delves into the connection between asset prices and the economy, examining how financialization influences consumer behavior and overall demand. Using a thought experiment on declining asset prices, it highlights potential effects on GDP, lending, and market volatility, with a focus on retirees' portfolios and spending habits.
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