Tag: economics

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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Imagine running a marathon where for each mile you ran, the finish line was extended by .2 miles. After you run the first 5 miles,

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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

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