“The Greater The Economic Weakness, The Stronger The Recovery”

Recently there has been a thought circulating that the worse the recession (or economic weakness) the stronger the following economic rebound.  This refrain has been heard from various quarters. This belief does appear to be historically accurate, at least to some degree.   However, there are three aspects of this belief that I want to elaborate … Read more“The Greater The Economic Weakness, The Stronger The Recovery”

Consumer-Led Recovery Story

This story, “On Borrowed Time : Consumer-Led Recovery” was in The Wall Street Journal on June 9.  I found the chart and its implications to be interesting.  One is led to wonder “how much gas is left in the tank” with regard to Household Debt as a Percentage of Disposable Income.  This is  especially an issue with “Income” and … Read moreConsumer-Led Recovery Story