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The US economy may not be screwed after all — but the stock market sure is

Por: Business Insider Business November 20, 2022

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On the surface, the problems facing the market and the economy may seem the same. Both are trying to deal with excesses, but those excesses are wildly different. On the economy side, the US is experiencing a violent bout of inflation created by the pandemic; pent-up demand collided with a lack of everything from workers to widgets. Like a swarm of locusts, inflation is eating up economic growth, pushing up prices and nullifying wage increases.... + full article



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