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The flattening US yield curve is not what matters, according to monetary economics expert Jeff Snider, but the nominal level at which it flattens. He argues that if the current moves just take us back to where we were at the depths of the 2008 crisis, the US economy could now be entering a second lost decade of growth.
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Why US Economic Growth Prospects Remain Poor (w/ Jeffrey Snider) | Expert View | Real Vision™
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