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Rising credit costs have overpowered employment growth and real disposable income gains to cause the collapsing housing demand in the U.S. The decline of residential investment leads to weakening sales of consumer durable goods and depresses three-quarters of U.S. economy. Huge and increasing trade deficits then finish the job of eroding economic growth. U.S. trade […]

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As the trade battle comes up short, US President Donald Trump is ramping up the next theater of conflict in the dispute with China

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