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While I would not rule out a recession beginning this year or next, we have to be careful to ask about the causation and not just look for events that tend to be correlated with recessions. Neither high commodity prices nor an inverted yield curve should be sufficient grounds for believing we will see a recession. More
The post Recession Fears: Real and Imagined appeared first on CounterPunch.org.
This content originally appeared on CounterPunch.org and was authored by Dean Baker.