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Americans Have Quietly Deleveraged. It May Explain the Economy's Resilience.

If the Federal Reserve has pulled off a soft landing, it may be due to shifts in the composition of U.S. debt since 2008, writes Larry Hatheway.

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The Game Theory of the Debt Limit Points Toward Settlement

About the author: Larry Hatheway is a co-founder of Jackson Hole Economics, which originally published this commentary, and the former chief economist of UBS.…

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The Game Theory of the Debt Limit Points Toward Settlement

About the author: Larry Hatheway is a co-founder of Jackson Hole Economics, which originally published this commentary, and the former chief economist of UBS.…

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The Game Theory of the Debt Limit Points Toward Settlement

The two sides relative negotiating strength helps explain why fInancial markets have stayed relatively calm, writes Larry Hatheway.

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The Game Theory of the Debt Limit Points Toward Settlement

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