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www.chmura.com | ||
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www.soberlook.com
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| | | | | In a fashion similar to what became known as the "Asian Contagion" in the late 90s, the current stress in emerging economies has been spre... | |
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digbysblog.net
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| | | | | [AI summary] The article discusses the U.S. economy's strong post-pandemic recovery, highlighting its outperformance compared to other major economies and the effectiveness of fiscal policy over monetary policy in economic management. | |
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www.gao.gov
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| | | | | Increased federal spending in response to COVID-19, as well as rising interest rates, have added to our nation's financial woes. At $2.8 trillion, the FY 2021 budget deficit was the second largest in history-just short of the FY 2020 deficit of $3.1 trillion. These historically large deficits were due primarily to the economic disruptions caused by COVID-19-which decreased revenues in FY 2020-and the additional spending by the federal government in response to help the nation recover from the pandemic. | |
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www.philadelphiafed.org
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| | | Dubravka Ritter, senior research fellow, specializes in how consumer credit markets influence economic opportunity, mobility, and equality at the Federal Reserve Bank of Philadelphia. | ||
