Twilight For The-Economy-Of-Things Or Why Today’s GDP Isn’t What It’s Cracked-Up To Be

This is getting pretty monotonous. The industrial production index for June posted this morning at 102.25, which is neither here nor there except for this spot of historical comparison: To wit, this same index posted at 102.26 way back on the eve of the Great Financial Crisis in December 2007. That’s right. After 15.5 years […]

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