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Weekly Market Recap: Painful Recession Next Now That The Fed Is 'Breaking' Things?

Wealthion - Be Financially Resilient

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The Recessionary Indicator

Lending conditions were already in a tightening cycle before the banking crisis happened here. This is why we grow at 2% on average since the turn of the century. It takes more and more debt takes $5 worth of debt to create a $1 worth of economic growth, give or take. We're now running at about 7,000 a year in debt just to maintain the standard of living.

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