American Economics Thread

ougoah

Brigadier
Registered Member
Lol Peter Zeihan the ccp paid agent comrades with Gordon Chang.

These two spearhead China's modern "hide your strength, bide your time" national philosophy.

We need to take a minute to appreciate how much these two epic propagandists are effectively creating the wrong information about china constantly and convincing western higher ups to believe in and act upon false realities. Know yourself and know your enemy. Thank you Zeihan and Chang for striving so that the west doesn't know itself and is even more clueless about its "enemy". Well done comrades. 5000000 extra social credits to your accounts for retirement. :p
 

56860

Senior Member
Registered Member
The final 2022 Q2 GDP projection (today June 30) by the Atlanta Federal Reserve model GDPNow is that the US GDP shrinks by 1.0% for Q2. It essentially forecasts the US is in recession as the Q1 GDP shrinks by 1.6%.


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View attachment 91897

Nicolas Cage Laughing | Nicolas Cage | Know Your Meme
 

Rettam Stacf

Junior Member
Registered Member

Another GDP model also predicts negative GDP growth in Q2.

Atlanta Fed lowers Q2 GDPNow estimate to negative territory​

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The Atlanta Fed's
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model sees Q2 real GDP growth of -1.0% as of June 30, down from +0.3% on June 27.

If that negative print comes to fruition, there would be two straight quarters of negative real GDP growth (-1.6% in Q1) making it a technical recession.

Similarly, the IHS Markit tracking estimate for Q2 GDP growth has been in a steady decline since the beginning of June. The latest
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is -0.7% as of June 30 compared with over +2.0% in the beginning of June.
 
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