Oz Blog News Commentary

US economic landing dead ahead

November 20, 2023 - 12:00 -- Admin

This has to become a problem soon. Lending has not grown in nearly eighteen months: Neither large nor small banks: The year-on-year says it all: In no cycle has bank debt fallen so far without triggering a recession. There is still market-based debt for larger corporations that can add to private-sector debt growth. But public

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