By Daniel Lacalle*
The United States economy recovered at a 6.5 percent annualized rate in the second quarter of 2021, and gross domestic product (GDP) is now above the prepandemic level. This should be viewed as good news until we put it in the context of the largest fiscal and monetary stimulus in recent history.
With...
Government ‘Stimulus’ Keeps Having A Diminishing Effect
Eurasia Review
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