The Next Crash Won’t Kill the Economy, But the Response Will

We are approaching a fork in the road where the Fed will have to make the tough decision to pull back on its assistance to the economy. The problem is this will trigger the next crash that will necessitate even more stimulus to “rescue” the economy yet again. The next round of stimulus, assistance and bailouts will be the final straw on the camel’s back, and the economy will overdose on the six policy responses likely after the next crash.

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