Addressing a Debt Crisis with More Debt

Last week, we discussed causes of the Great Recession. Today, we look at how it was addressed. The financial crisis was essentially a debt crisis. Mortgagees were unable to pay…

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Inverting Yield Curve May Be Sign of Coming Recession — But Maybe Not

When holding an investment long-term earns a lower return than holding the investment short-term, it’s not a good sign. An inverted yield curve, which is what happens when 10-year Treasuries…

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Tax Reform Busts Myth of “Secular Stagnation”

The two approaches most often used by government to help the economy grow are the Keynesian approach of stimulus spending and low interest rates, and the more free-market approach of…

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