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David Rosenberg: Why the so-called soft landing is just the calm before the storm
Aggregated Source: ChinaLegalBlog.com

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As we exit 2023, all I can think of is how it was a year replete with dichotomies and divergences. An unprecedented gap emerged between real gross domestic product growth, which signalled a soft landing had been successfully engineered by the United States Federal Reserve, and real gross domestic income growth, which provided support to the minority view that a recession had arrived.…

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