Tag Archives: consumer confidence

Our Psychological Depression

Popular Economics Weekly The plunging financial markets are telling us something depression, but it is more about crowd psychology, than actual events. Americans are very depressed about their financial prospects. Duh, says Paul Krugman, given the congressional deadlock. So why … Continue reading

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The Recession is (Really) Over

Popular Economics Weekly The Great Recession is officially over. We really can breathe a sigh of relief—even though job formation is just now picking up, while major segments are still stagnating; such as real estate, and motor vehicle production. But … Continue reading

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