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The biggest economic horror story is real, according to a new Fed paper
The slow growth the U.S. economy has experienced since the recent recession is not a fleeting condition, rather it's the result with a serious demographic problem that is poised to dampen economic growth for years, according to a recent research paper by three Federal Reserve economists. The economists' model-based data analysis "suggests that demographic factors offer an explanation for puzzlingly weak business investment in the wake of the Great Recession, which some authors … have instead traced back to persistent uncertainty and limited investment decisions," Etienne Gagnon, Benjamin Johannsen and David ... (full story)
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- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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