The prescient economist A. Gary Schilling says US growth is going to remain slow for some time to come. In a piece for Bloomberg View yesterday, he wrote that the US is about five years into a process of deleveraging—the reduction of debt on its balance sheet—to make up for years of excess. And then […]

via Quartz http://qz.com/119122/this-chart-shows-why-the-us-recovery-is-so-slow-and-will-stay-that-way-for-five-more-years