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US vulnerability to consumption

  • Autorenbild: Clemens Brugner
    Clemens Brugner
  • 4. Sept. 2024
  • 1 Min. Lesezeit

Beyond the Sahm-Rule: Despite the recent increase, unemployment remains near historic lows, however with an increasing dependency of GDP growth on consumption and the concurrent rise in credit card debt/defaults the US economy is now more vulnerable to changes in unemployment.


 
 
 

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