…resources and defenses are important when it comes to conflict. So far, so good. But the first assertion implies that GDP is the only measure of economic success (Japan’s “stagnation”…

…the stagnation of growth. With several exceptions, most notably in 2022-23, in the past 75 years whenever real retail sales turned negative YoY, a recession was about to begin or…

…on all other purchases in order to finance their food and shelter needs. There is certainly a case to be made that Trump’s economic policies will cause stagnation if not…

…inflation is persisting despite a somewhat restrictive monetary policy, that is not good for the average American. Whether called stagflation, stagnation or the “blahs”, it is a political liability for…

…latter part of 2024 into early 2025, but since the beginning of spring, there is evidence of sharp deceleration or even stagnation. Industrial production and real personal spending on consumer…

…therefore local desirability. In these places, high vacancy rates are not signs of economic stagnation and population decline, but often just the opposite.  While 27% of the vacant units are…

…rebound, but with widespread increases in prices paid and stagnation in employment. Today’s ISM manufacturing report was significantly weaker. There was contraction across the board, except for prices paid, which…

…enjoyed a far more advanced state in AD 1000—while Europe surged ahead. The book documents how the roots of what they call the “Great Reversal” or “Great Divergence” between the…

…together, the four series generally show stagnation since March or April.  It is commonly said that expansions don’t die of old age; they are murdered. If so, the combination of…

…one—even while the European Union and United Kingdom have sanctioned 482 and 435 vessels, respectively, since Trump’s inauguration. This stagnation occurred even in the face of mounting evidence that U.S. sanctions on…