In 2023, many people have indicated that there will be a recession storm. No exception for the two richest people in the world, Elon Musk, and Jeff Bezos, who usually disagree on everything, this time

CLICK IMAGE TO EXPAND Sorry about my highlighted line, it's not straight because I used the Snipping Tool. There is no other good support between here and $20K. $20K Bitcoin does look attractive to buy

source Wealth Effect “The ‘wealth effect’ is the notion that when households become richer as a result of a rise in asset values, such as corporate stock prices or home values, they spend more and stimulate

This post is by no means going to be comprehensive. I am certainly not up to the task of developing a comprehensive theory of the business cycle. That task must be left up to someone else. I just want

Following the recession in 2008, Mark Thornton of the Austrian School of economics coined the term apoplithorismosphobia to refer to the “fear of deflation” prevalent among economists. He then proceeds