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We Are Living In A Silent Depression | Emil Kalinowski
Forward Guidance
The Top Gun Move
Jacki kepkeepers on track. Emile: We did comeot the recession, we didn't come out of the depression. The economy was above zero. But zero is not the standard by which we should judge economic human progress. They were miserable, ghastly, dreadful, worse than the great Depression. And just because our last depression was great and the contraction was catastrophic early on, doesn't mean we need to re enact what happened in the great depression to have a depression. A pression is when we are way, way, way off trend and we can never get back to it. Like some people call it secular stagnation or secular stagnation; others call it
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