“It’s just part of the business cycle” has become a typical response to financial crises, stock market crashes, and recessions. However, it’s never just part of the free market when real people who lose their jobs, homes, and futures feel the repercussions of monetary policy, speculation, and bubbles. This article will use historical events as […]
The Real Cause of All Recessions That Nobody Talks About Read More »
A recession is a significant decline in economic activity spread across the economy, lasting a minimum of a few months, and usually visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. Recessions have significant impacts on the economy, as they result in decreased consumer spending and increased unemployment. Businesses also suffer during
What is a Recession and How Does it Impact the Economy? Read More »
Charlie Munger sees our current market environment to be much like the 1970s when inflation was running high and the Federal Reserve had to get inflation down at all costs, even if it led to a recession. “Well, when Volker, after the seventies, took the prime rate to 20% and the government was paying 15%
Charlie Munger: How to Invest During a Recession Read More »
