The No-No Years
“For every action there is an opposite and equal reaction.”Third Law of Motion Sir Isaac Newton While some might doubt his relevance I would offer that Sir Isaac Newton may have been as adept an economic forecaster as he was a physicist. Put simply if our most recent economic cycle could be characterized as the Go-Go Years then by applying Newton’s Law I would offer that what we now face are the No-No Years: The years where less is best. So how will Newton’s Law manifest itself? From an economic perspective I see the No-No Years ahead evidenced by ...
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