Analytics

This Is How Our Economy Comes Crashing Down

The NYT reports that in the game of Jenga, players remove wooden blocks from a tower and place them on the top. With each move, the tower gets taller and increasingly unstable, until it collapses.
This Is How Our Economy Comes Crashing Down
Welcome to the American economy of 2025. Economic growth is robust and stock markets are hovering around record highs. Set on a foundation of supportive fiscal and monetary policy, the tower appears sturdy enough. But a closer inspection shows that an increasing number of structural supports — across businesses, labor markets, consumers and stocks — are looking wobbly. A Jenga-like... ...

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