What’s wrong with the economy can be summed up in one word

What’s wrong with the economy can be summed up in one word

Stagflation. That’s right – top economists believe that stagnation and inflation are slowing our economy to a halt, a phenomenon brought on by the presence of nearly $200 trillion in global debt.

Aside: this is just more evidence as to why America needs a balanced budget – our tremendous debt is placing a burden on our economic growth!

Read more here.

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