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Finding the Root Cause of Recessions

Finding the Root Cause of Recessions Two things bear most of the blame: external shocks and economic volatility. Beware of shocks. Photographer: Gary Hershorn/Getty Images The U.S. managed to avoid recession after the financial crisis, but Japan has succumbed to three contractions since 2009. Economic volatility is a key reason for this divergence, and that […]

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2016 Economic Predictions: Year of the Epocalypse

2016 Economic Predictions: Year of the Epocalypse  An economic apocalypse upon us. My 2016 economic predictions provide the full explanation as to why 2016 will be the year of the Epocalypse — a word that encompasses the roots “economic, epoch, collapse” and “apocalypse.” I needed a word big enough to describe all that is about to befall the world in 2016. When you […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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