Monthly Archives: December 2018

10 Years After 2008 We Still Borrow More Than We Save

by Michael H. Schwartz
Woman holding her passbook is stressed over her unpaid debts.

In 2008, the housing market collapsed. The Great Recession began as this collapse created a tsunami effect throughout the entire American economy. In an eerie and very similar parallel to what happened in the 1920s that caused the stock market …

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