Keynesian orthodoxy claims that the cause of recessions is a decline in so-called aggregate demand. Besides confusing ...
The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.
Treasury Secretary Scott Bessent on Sunday said the 43-day government shutdown caused an $11 billion permanent hit to the U.S ...
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Will the US Tariffs Cause a Global Recession?
In April, the International Monetary Fund (IMF) lowered its global economic growth forecast from 3.3% to 2.8% for 2025. It also lowered its growth forecast for 2026 from 3.3% to 3%. The global banking ...
President Donald Trump acknowledged that his trade policies could lead to a recession, but said ultimately, “We’re gonna do fantastically.” Trump sat down with Meet the Press host Kristen Welker for ...
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