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The outlook isn’t good; certainly things in the US are slowing: https://www.washingtonpost.com/business/2019/10/30/us-slowdown-deepens-economic-growth-slips-per
by alwillis 7y ago
The outlook isn’t good; certainly things in the US are slowing: https://www.washingtonpost.com/business/2019/10/30/us-slowdown-deepens-economic-growth-slips-percent-pace-third-quarter/ https://www.washingtonpost.com/business/2019/10/30/us-slowdo...
- eru 7y agoThere has been a slowdown in growth, yes. Google search suggests that we are still expecting 1.9% real GDP growth in the US for 2019. The article you linked some talks about specific sectors and measures shrinking. Slower growth is still not a contraction. And the US is not the globe.
- alwillis 7y agoSince the dollar is the world’s reserve currency, if the US goes down, everyone goes down. There are negative interest rates all over the place; there’s the inverted yield curve, etc. The US debt just went to a new record of $23 trillion; this won’t end well.