ACC Archives

Tag: financial crisis
Trump Raises the Stakes for GM Plant Closings

After GM’s announcement to close five plants and layoff 15,000 employees, President Trump threatened to end government subsidies for GM. But he hasn’t stopped there.

2008 Was a Crisis… It Was Not THE Crisis

Think of 2008 as a primer. A very difficult and disruptive primer. Nothing’s “fixed.” Markets never really cleared. Additionally, as is explained below, the now 0% interest rates are almost locked there as the cost of serving US debt by...