Tuesday , March 26 2019
Home / David Stockman's Contra Corner / Why Business Expansions Do Not Have Everlasting Life–A Brief Reprise Of The Last Three Recessions

Why Business Expansions Do Not Have Everlasting Life–A Brief Reprise Of The Last Three Recessions

Summary:
Despite the hopes the economy will continue into an everlasting expansion, such has historically never been the case. The current economic expansion, which has been driven by massive infusions of liquidity, extremely accommodative interest rate policy, and a surge in debt accumulation, is just 4-months away from setting a new record. http://davidstockmanscontracorner.com/?p=263840&preview_id=263840&preview_nonce=51453c5a0a&preview=true

Topics:
David Stockman considers the following as important:

This could be interesting, too:

David Stockman writes It’s Official: RussiaGate Is The New WMD

David Stockman writes Main Lessons Of Iraq: The Empire Never Learns Any

David Stockman writes Can We Lock Up Rachel Maddow Now—At Least On Derangement Grounds?

David Stockman writes Liberalism’s Last Stand — Brexit

Despite the hopes the economy will continue into an everlasting expansion, such has historically never been the case. The current economic expansion, which has been driven by massive infusions of liquidity, extremely accommodative interest rate policy, and a surge in debt accumulation, is just 4-months away from setting a new record.

http://davidstockmanscontracorner.com/?p=263840&preview_id=263840&preview_nonce=51453c5a0a&preview=true

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

Leave a Reply

Your email address will not be published. Required fields are marked *