Good News: The Business Cycle is Done
https://www.yourobserver.com/news/2023/dec/01/construction-begins-legacy-trail-overpasses/ From 1945 through 1985 the US economy regularly accelerated its growth, reached a peak, fell back and then recovered. Businesses, economists, politicians and the public expected that this 3-5 year business cycle would continue forever. Looking back, it seems like the business cycle was broken by 1985. All of the subsequent downturns have been … Continue reading Good News: The Business Cycle is Done
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