Debt in developed countries has remained fairly steady, around $50 trillion, since 2012, though that’s not true of the U.S. Total public debt for the American government has jumped from $15.2 trillion to $21.9 trillion, […]
“The classic risks of financial imbalances and asset bubbles could re-emerge, and both the growing financialization of the US economy and the increased global transmission of financial shocks … could present new risks,” Hatzius wrote. […]
Economic growth may be slowing, but we are not on the verge of a recession, Blackstone Chairman and CEO Steve Schwarzman said Tuesday. “The U.S. economy is slowing from where it was. Two quarters ago, […]
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