The technical definition of a recession is two consecutive quarters of negative GDP (Growth Domestic Product). On a more simple level, it means there’s less
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The United States is a debt based economy, meaning that our GDP is largely dependent upon borrowed money. As Ray Dalio put it, “One man’s
Read MoreCapital is a crucial part of running a business. Some are fortunate to have enough cash reserves from which to pull need funds, but most
Read MoreI recently helped a client with commingled accounts sort through their business and personal expenses. Because they used their personal account for business and personal
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