3 ms·
It's like saying the US economy is doing great in 2010 by using data that ends in 2006. The last 3-4 years have been awful for the median American. The "prospe
by pphysch 3y ago
It's like saying the US economy is doing great in 2010 by using data that ends in 2006.
The last 3-4 years have been awful for the median American. The "prosperity" of 201X-2019 was funded by loose financial conditions: it's basically just debt. Purely debt-driven "growth" should not be mistaken for a healthy economy. And we are feeling the consequences of that debt-driven growth now, with high inflation, recession conditions, and a global sidle away from the dollar.