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Matthew C. Klein

Matthew C. Klein

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The Overshoot; data-rich U.S. macro/industry/trade analysis

Excessive Household Debt Dampens Consumer Spending, BIS Finds
Social•Feb 25, 2026

Excessive Household Debt Dampens Consumer Spending, BIS Finds

Interesting research paper from the BIS and Bank of Korea on the interplay between excessive household debt and consumer spending https://t.co/inCiWR5V6F

By Matthew C. Klein
We Can Cushion Job Losses, Yet Resistance Persists
Social•Feb 23, 2026

We Can Cushion Job Losses, Yet Resistance Persists

This is why I think the @Citrini7 scenario is plausible: We demonstrated that we have the power to minimize employment disruptions associated with big supply shocks and shifts in demand... ...but everyone decided they hated it.

By Matthew C. Klein

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