The good news:
The Fed will be in no hurry to raise interest rates. Stock market will remain propped up?
But, but, I thought the state run media told me about the great economic recovery under Dear Leader? I guess as long as people are still getting their entitlements, that is all that matters, eh?
The economists THINK it’s coming back next quarter...good luck with that!
Bet there were some very creative accountants keeping it in positive territory. Bush was 3.5% his entire presidency.
Pray America is waking
Article is false on its premise. The 5% third quarter growth was debunked as being Obola care costs pushed as economic growth.
And when do we get the ‘revised’ numbers?
Every single time they release numbers, they have been downward revising their last numbers. A story the media seems to have missed
I would like to see a graph of stated vs. the actual (downward revised) figures.
Growth is stalled.
I just heard on the radio this morning that 1 out of 5 households (two or more people) have NO ONE in the household working.
The real unemployment rate.
When this deflationary period ends around 2022-25, economists will finally admit that it was a depression.
The PTB have done their best to hide it and ameliorate it, and have actually done fairly well so far. Soon the weakest dominoes will fall and contagion will be the watchword of the day.
Remember the talk from 15 years ago about the US economy being like a supertanker with a lot of momentum in its current direction?
That applies now as well. 7-9 years to go, how bad will it get? No one knows.
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