[E. Pluribus Unum]

Economists attribute the shallowness and shortness of duration of the last recession to the "Wal-Mart Effect," suppressed inflation and rippled productivity gains through the economy year after.

Case closed.

[ninenot]

SOME economists do that.

OTHERS say that the Fed's actions in creating a negative interest rate AND loading Bank Reserves allowed the banks to lend money to consumers,

Who promptly re-financed their homes and sent money to PRChina.