US Recession – In a week in which Albert Edwards of Société Générale warned that the US economy is about to collapse into a recession and the August jobs reported showed the number of jobs created in the US slowed significantly last month, Deutsche Bank’s analysts are claiming that there’s no recession in sight for the US economy. Edwards: The US economy is already in recession and about to collapse Wage growth is stronger than headline figures suggest Time To Worry About Rising Consumer Debt? Corporate Defaults Set To Hit Post 2009 High US Consumer Defaults Are On The Rise According…
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