You May Be Experiencing Secular Stagnation
Symptoms include persistently low interest rates and mediocre economic growth. It might be time to talk to former U.S. Treasury Secretary Larry Summers.
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Feeling sluggish? Having trouble achieving and maintaining productivity growth? Does it feel like investment will never, ever go up? You may be experiencing secular stagnation.
Symptoms include persistently low interest rates and weak inflation. Also, mediocre economic growth, despite a diet of huge deficits and cheap credit.
It may be time to consult a former U.S. Treasury secretary.
In 2013, Larry Summers gave a speech at the International Monetary Fund offering an explanation for what seems like never-ending sluggishness in
