The Disconnect with the Real Economy

Georges Ugeux

A chapter in Wall Street’s Assault on Democracy, 2023, pp 13-21 from Springer

Abstract: Abstract On the one hand, the real economy had to face a brutal recession in 2020, characterized by an abysmal unemployment rate and household purchasing power at half-mast, which in turn led to a dizzying decline in corporate profits. Despite the recovery of 2021, the first quarter of 2022 saw a 1.4% decrease in the US GDP in the first quarter, followed by a 0.9% decrease in the second quarter.

Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-29094-7_4

Ordering information: This item can be ordered from
http://www.springer.com/9783031290947

DOI: 10.1007/978-3-031-29094-7_4

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().