The Modern Enquirer

The Modern Enquirer

The Recession That Hasn’t Arrived

America’s economy is still growing. Increasingly, that tells us less about how Americans are actually doing.

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Nick Holt
Aug 18, 2026
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Something strange is happening in the American economy.

Job creation has slowed sharply. Labour-force participation is falling. Inflation remains above target. New delinquencies on credit cards and au…

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Nick Holt
Australian independent writer, journalist, and broadcaster.
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