David Rosenberg: 'Our Economy is Running on Borrowed Time – Severe Fallout Ahead’
Wealthion - Be Financially Resilient
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Challenges and Concerns in the US Economy
The chapter provides a critical analysis of the US economy, highlighting signs of slowdown despite optimistic views, pointing to factors like cooling off consumer behavior and declining growth rates. It discusses the current economic indicators like GDP growth, inflation trends, and government programs, expressing concerns about the sustainability of recent economic growth. The chapter also delves into the impact of various economic factors on the housing market in both the US and Canada, emphasizing the interconnectedness of factors like interest rates and credit availability.
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