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March 2, 2019

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## Weak Local Lineament

Household debt has proliferated in the past decade. In the final quarter of 2018, it reached $13.54 trillion—an$869 billion increase since the previous peak in 2008 and a 21.4% increase since the post-crisis trough. While it is now widely…

February 23, 2019

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## Grievous Plans

More than a decade after the financial crisis of 2008, median household incomes have stagnated at their pre-2008 levels, and global economic growth is expected to decline further from what is already a historic low. While the unemployment rate has…