This article is one of a series of occasional white papers from the Daily Capitalist taking a detailed look at specific issues affecting the economy. In this paper I analyze current economic events and give my forecast for the economy. It goes into detail about how I think the economy should be evaluated.
Part I
The Crossroad
The economy is at one of those crossroads where something is going to happen. Whether that will be a positive or a negative is often difficult to tell because at
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