Viewpoints
Opinion

The United States Is Borrowing to Disguise Recession

The United States Is Borrowing to Disguise Recession
The Department of the Treasury building in Washington, on Oct. 18, 2018. Mandel Ngan/AFP via Getty Images
|Updated:
0:00
Commentary

The headline economic figures for the United States look robust. However, details show concerning weaknesses.

Daniel Lacalle
Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat”​ (2015), and “Life in the Financial Markets.”
Related Topics