American Economics Thread


Overbom

Colonel
Registered Member
Whats more funny is that with all the supply chain disruptions and energy prices increasing, Q4/2021 GDP growth will be (IMO) much less than expected. Fun times ahead.

China might be feeling pretty good (will also have lower GDP growth though) right now that it didnt start massive QE printing last year or spent trillions on "stimulus"
 

gadgetcool5

Junior Member
Registered Member

Tesla recorded quarterly shipments amid chip shortages.​

Even as more and more established carmakers reported sales declines due to supply disruptions, Tesla said on Saturday that it had achieved a healthy increase in worldwide supply of its electric cars in the third quarter. What

The company said it delivered 241,300 vehicles in the three-month period, the highest quarter ever. This is an increase of 20% from the second quarter and 73% more than the third quarter of the previous year.

Tesla does not terminate its shipments by country. Much of its recent growth has come from sales in Europe and China.

On Friday, major carmakers, including General Motors and Toyota, said they suffered a recent decline in US sales due to a worldwide shortage of semiconductors as epidemics led to factory closures and cargo disruptions.

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siegecrossbow

Lieutenant General
Staff member
Super Moderator
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Meanwhile robert kiyosaki predicted giant crash is coming regardless of whether the us debt ceiling is raised or what measures are imposed by Treasury Secretary Janet Yellen or Federal Reserve chair Jerome Powell.

Is getting rich the only thing these people think about? Economic collapse of any major economical power will devastate billions of people around the world.
 

ZeEa5KPul

Captain
Registered Member
It means the economy is becoming increasingly immune to the helicopter money injections, and is increasingly seeing less proportional benefit from those injections.
The reason for that is very simple: that money never touches the real economy, it just goes into blowing up financial bubbles. If it ever actually did go into average people's pockets the inflation would be cataclysmic.
 

Dolcevita

Captain
The reason for that is very simple: that money never touches the real economy, it just goes into blowing up financial bubbles. If it ever actually did go into average people's pockets the inflation would be cataclysmic.
S&P500 is up ~90% since March 2020.
Well, Only the top 1-9% benefited from all the money printing.

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