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They’re Americans too. Photographer: Jill Brady/Portland Press Herald/Getty Images
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Finding and extracting oil is expensive. No wonder it’s slowed down. Photographer: Andrey Rudakov/Bloomberg
How This Economic Recovery Ends
Every boom in the US economy is different, but over the past several decades, each has ended the same way. First you get full employment. Then you get a spike in the price of oil. And then there’s a recession. The US hit full employment in August 2015. And yet...Caption:
US President Barack Obama responds to a question during a press conference at the White House in Washington, DC, USA, March 01 2013. Source: EPA/SHAWN THEW