The Recession that Isn't Happening
The David McWilliams Podcast
00:00
The Effect of the 2008 Financial Crisis on the American Economy
In the last 10 years, corporate America took out all the loans to execute share buybacks. What's happened is the American population has not become half as invested as corporate America. It means that the central bank in the United States needs to raise rates even higher. But there is any way of predicting when this will happen?
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