American Economics Thread


pipaster

Junior Member
Registered Member
Please, Log in or Register to view URLs content!

US congress has approved $900 billion in COVID-19 relief funding, this should be within the 2021 FY budget, which I believe is already at a $1.4 trillion budget deficit.
 

localizer

Major
Registered Member
All the dollar has to do is be freely exchanged and perform better than other currencies.

Problem is they’re overextending with their sanctions and the dollar index is suffering.
 

caudaceus

Junior Member
Registered Member
Don't worry, as long as they keep the money out of the hands of ordinary people you'll only see inflation in stock prices (or as the mainstream economists prefer to call it, "economic growth").
Or as they say, global liquidity trap.
 

gadgetcool5

Junior Member
Registered Member

A Monster Wind Turbine Is Upending an Industry​

The G.E. machines will have a generating capacity that would have been almost unimaginable a decade ago. A single one will be able to turn out 13 megawatts of power, enough to light up a town of roughly 12,000 homes.

The turbine, which is capable of producing as much thrust as the four engines of a Boeing 747 jet, according to G.E., will be deployed at sea, where developers have learned that they can plant larger and more numerous turbines than on land to capture breezes that are stronger and more reliable.

Although offshore turbines now account for only about 5 percent of the generating capacity of the overall wind industry, this part of the business has taken on an identity of its own and is expected to grow faster in the coming years than land-based wind.

Please, Log in or Register to view URLs content!

Is China looking into this? Never underestimate the power of U.S. leapfrog innovation.
 

Top