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What the GDP hides
There are well-known problems associated with the concept of gross domestic product as well as with its measurement.
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U.S. Treasury: just because the GDP is negative, does not mean recession
U.S. Treasury Secretary Janet Yellen is claiming that just because the U.S. GDP report is negative, it does not mean the world’s largest economy is in recession, a claim that has no economic foundations whatsoever.
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The year of the pandemic
So maybe not just one year of the pandemic.