U.S. economy shrank at a 1.4% annual rate in the first quarter
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Re: U.S. economy shrank at a 1.4% annual rate in the first quarter
#2GDP: -1.4%
DOW: -8.36% YTD
S&P500: -12.22% YTD
NASDAQ: -20.17% YTD
Inflation: 8.5%
Interest rate: 0.5%(increasing once by 0.25%)
Balance of trade: $-89.2B
>they still think the Fed will be able to rein in inflation without triggering a recession.
It was raised once and everything is collapsing underneath. Don't know how you look at all this and think 'it'll be fine'.
There's a general rule that this kind of behaviour like this and this is obvious enough. What's more important is the reality of civil unrest.
Re: U.S. economy shrank at a 1.4% annual rate in the first quarter
#3GDP: -1.4% DOW: -8.36% YTD S&P500: -12.22% YTD NASDAQ: -20.17% YTD Inflation: 8.5% Interest rate: 0.5%(increasing once by 0.25%) Balance of trade: $-89.2B >they still think the Fed will be able to rein in inflation without triggering a recession. It was raised once and everything is collapsing underneath. Don't know how you look at all this and think 'it'll be fine'. There's a general rule that this kind of behaviour…
They're saying there will be food shortages this year. Combined with mass immigration from failed states (so already bringing violence + spreading what little we have even thinner) civil unrest is certain.
Re: U.S. economy shrank at a 1.4% annual rate in the first quarter
#4GDP: -1.4% DOW: -8.36% YTD S&P500: -12.22% YTD NASDAQ: -20.17% YTD Inflation: 8.5% Interest rate: 0.5%(increasing once by 0.25%) Balance of trade: $-89.2B >they still think the Fed will be able to rein in inflation without triggering a recession. It was raised once and everything is collapsing underneath. Don't know how you look at all this and think 'it'll be fine'. There's a general rule that this kind of behaviour…
They're saying there will be food shortages this year. Combined with mass immigration from failed states (so already bringing violence + spreading what little we have even thinner) civil unrest is certain.
States as in countries or states as in US states?
Re: U.S. economy shrank at a 1.4% annual rate in the first quarter
#5US economy grew at a 6.9% rate in the fourth quarter last year.
Re: U.S. economy shrank at a 1.4% annual rate in the first quarter
#6GDP: -1.4% DOW: -8.36% YTD S&P500: -12.22% YTD NASDAQ: -20.17% YTD Inflation: 8.5% Interest rate: 0.5%(increasing once by 0.25%) Balance of trade: $-89.2B >they still think the Fed will be able to rein in inflation without triggering a recession. It was raised once and everything is collapsing underneath. Don't know how you look at all this and think 'it'll be fine'. There's a general rule that this kind of behaviour…
> food scarcity
How much food rotted at the Texas border after Governor Abbott's PR stunt held it up? Estimated to be over $4Billion.
Re: U.S. economy shrank at a 1.4% annual rate in the first quarter
#7GDP: -1.4% DOW: -8.36% YTD S&P500: -12.22% YTD NASDAQ: -20.17% YTD Inflation: 8.5% Interest rate: 0.5%(increasing once by 0.25%) Balance of trade: $-89.2B >they still think the Fed will be able to rein in inflation without triggering a recession. It was raised once and everything is collapsing underneath. Don't know how you look at all this and think 'it'll be fine'. There's a general rule that this kind of behaviour…
They're saying there will be food shortages this year. Combined with mass immigration from failed states (so already bringing violence + spreading what little we have even thinner) civil unrest is certain.
Wait do we have little now? When did that change because when I look around I see much, much that we won't share.
Do immigrants always bring violence? Why did their states fail anyway? Could we have had a hand in that, bear some responsibility?
Whatever the specifics of the answers you see to these questions your comment sucks. It's using racist fears to stoke xenophobic resentment.
Re: U.S. economy shrank at a 1.4% annual rate in the first quarter
#8GDP: -1.4% DOW: -8.36% YTD S&P500: -12.22% YTD NASDAQ: -20.17% YTD Inflation: 8.5% Interest rate: 0.5%(increasing once by 0.25%) Balance of trade: $-89.2B >they still think the Fed will be able to rein in inflation without triggering a recession. It was raised once and everything is collapsing underneath. Don't know how you look at all this and think 'it'll be fine'. There's a general rule that this kind of behaviour…
> food scarcity How much food rotted at the Texas border after Governor Abbott's PR stunt held it up? Estimated to be over $4Billion.
Something about that $4 Billion figure seems exaggerated, intangible, or simply an on-paper calculation. Assuming a truck carrying food is 6 hours late, how much spoilage does that actually cause? Would a pileup on an interstate causing an hours long delay likewise have its "impact" calculated to be in the tens of millions?
Re: U.S. economy shrank at a 1.4% annual rate in the first quarter
#9Shows just how sensitive our economy is to small interest rate fluctuations, having lived around the zero bound for over a decade. We've encouraged everyone to lever out as far as possible while at the same time making real production more and more difficult (or, during the early lock downs, impossible) and, well, the long run is here.
Keynes was right: he's dead. Unfortunately, we, and our children, are not.
Re: U.S. economy shrank at a 1.4% annual rate in the first quarter
#10GDP: -1.4% DOW: -8.36% YTD S&P500: -12.22% YTD NASDAQ: -20.17% YTD Inflation: 8.5% Interest rate: 0.5%(increasing once by 0.25%) Balance of trade: $-89.2B >they still think the Fed will be able to rein in inflation without triggering a recession. It was raised once and everything is collapsing underneath. Don't know how you look at all this and think 'it'll be fine'. There's a general rule that this kind of behaviour…
> A civil pillar like food scarcity will spark more than civil unrest. Probably will be civil war before midterms happen.
Like what happened with the Great Depression? I saw no mention of food shortages in the article.
My sense is that civil wars are when states/governments fight, not hungry people. You could have stopped at civil unrest.