Pre-recessionary? That’s probably an understatement.
Paul Krugman says today that the economy is looking "pre-recessionary." He blames the Fed: What’s especially galling about the current situation is that we may be about to snatch defeat from the jaws of victory. As of right now, America has basically achieved what many economists had considered impossible: a soft landing, in which we ...continue reading "Pre-recessionary? That’s probably an understatement."