With the current recovery stretching to 113 months, it’s easy to forget that the economy is, and always has been, cyclical. Cycles can be manipulated to some degree, but they…
The Flim-Flam Economy
The absurdity of today’s flim-flam economy can be summarized when the events of the past week are considered together: The U.S. economy grew at an annualized rate of just 0.5%…