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Tag Archives: permanent income hypothesis

Permanent Jobs And Permanent Job Losses

Even the feds haven’t been able to keep up. Without the government having taken over student loans in the wake of 2008-09’s Great “Recession”, there’d have been almost no additional consumer credit extended during the decade since. It’s one more facet to the recovery-less recovery; like Japan, a dominant even overbearing government influence that doesn’t stimulate anything but its own proportionally larger footprint. Given all that, the “need” for maintaining its...

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