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@ 2017-11-28 22:46:00

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“Financial ­instability tends to follow periods when asset growth has been disproportionate to ­underlying measures of income,” Rivelle says. “People usually say a recession happens because consumers stopped spending. What really happens is the economy ­becomes malformed.”

https://www.bloomberg.com/news/features/2017-11-28/what-to-worry-about-in-this-surreal-bull-market


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