Crusile Was Right

[thereallegend]

US economy returned to growth last quarter, expanding 2.6%

The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates just as voting begins in midterm elections in which the economy’s health has emerged as a paramount issue.

apnews.com

Q3 GDP is supposed to be ~2% growth. No "recession" on the immediate horizon. Not until way after the midterms.

The "recession" is over GDPNow real GDP estimate for 2022: Q3

https://www.atlantafed.org/-/media/documents/cqer/researchcq/gdpnow/RealGDPTrackingSlides.pdf +2.5%

looksmax.org

@Crusile

 

[Deleted member 11126]

US economy returned to growth last quarter, expanding 2.6%

The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates just as voting begins in midterm elections in which the economy’s health has emerged as a paramount issue.

apnews.com

Q3 GDP is supposed to be ~2% growth. No "recession" on the immediate horizon. Not until way after the midterms.

The "recession" is over GDPNow real GDP estimate for 2022: Q3

https://www.atlantafed.org/-/media/documents/cqer/researchcq/gdpnow/RealGDPTrackingSlides.pdf +2.5%

looksmax.org

@Crusile

I don't see how its possible we won't have a recession very soon. We are using debt to postpone it which will make things worse in the long run

 

[thereallegend]

I don't see how its possible we won't have a recession very soon. We are using debt to postpone it which will make things worse in the long run

You'll be surprised how quick modern capitalism adapts

 

[looksmaxxed]

we're already in a recession. lol at that cuck simping for the us economy. what a retard

 

[tallnegga]

the average phaggot can no longer afford housing, food, transportation, ect and to have some money left over to spend. You better be making at least $100k+ in todays America if you want to live somewhat comfortably. But guess what. The average faggot earns around $45,000-50,000

 

[thereallegend]

the average phaggot can no longer afford housing, food, transportation, ect and to have some money left over to spend. You better be making at least $100k+ in todays America if you want to live somewhat comfortably. But guess what. The average faggot earns around $45,000-50,000

That's by design. That's capitalism for you. Income inequality is a feature, not a bug. Doesn't mean we're in a recession though.

US economy grew by 2.6% in Q3. Job creation remains at all time highs.

US economy returned to growth last quarter, expanding 2.6%

The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates just as voting begins in midterm elections in which the economy’s health has emerged as a paramount issue.

apnews.com

@Crusile's Atlanta Fed Reserve Data was literally on the dot.

 

[tallnegga]

That's by design. That's capitalism for you. Income inequality is a feature, not a bug. Doesn't mean we're in a recession though.

US economy grew by 2.6% in Q3. Job creation remains at all time highs.

US economy returned to growth last quarter, expanding 2.6%

The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates just as voting begins in midterm elections in which the economy’s health has emerged as a paramount issue.

apnews.com

@Crusile's Atlanta Fed Reserve Data was literally on the dot.

You’re an idiot if you believe that. What actually increased? The output of the companies or the amount of money in their hands because of all the printing? Muh GDP my ass. And most of these jobs are useless jobs that contribute no further value to the economy. I literally just saw 20 nibbers working at a QT gas station. They are hiring just to hire.

 

[thereallegend]

The output of the companies

Yes.

the amount of money in their hands

That's actually decreasing because the Fed has been upping the interest rates.

because of all the printing

No, the economy's growing because of post pandemic consumer demand.

And most of these jobs are useless jobs that contribute no further value to the economy

Bullshit jobs are a real thing.

 

[Crusile]

Listen to warren pies for macro theory he is the goat

https://twitter.com/WarrenPies

 

[Crusile]

Listen to warren pies for macro theory he is the goat

https://twitter.com/WarrenPies

warren mosler too for money supply theory

 

[Deleted member 17920]

i news btc to hit 100k a coin

 

[firethorn]

he's always right

 

[thereallegend]

warren mosler too for money supply theory

Thoughts on Marxist Leninst economic theory?

 

[incel194012940]

Thoughts on Marxist Leninst economic theory?

there's no such thing

there is no measurable predictive power so it is not a theory

that's why there are no rich marxist leninist investors

 

[incel194012940]

That's by design. That's capitalism for you. Income inequality is a feature, not a bug. Doesn't mean we're in a recession though.

US economy grew by 2.6% in Q3. Job creation remains at all time highs.

US economy returned to growth last quarter, expanding 2.6%

The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates just as voting begins in midterm elections in which the economy’s health has emerged as a paramount issue.

apnews.com

@Crusile's Atlanta Fed Reserve Data was literally on the dot.

the average phaggot can no longer afford housing, food, transportation, ect and to have some money left over to spend. You better be making at least $100k+ in todays America if you want to live somewhat comfortably. But guess what. The average faggot earns around $45,000-50,000

30k = fine

if you inherit house you will have upkeep, food, car, investment and speculation if you do not go eat at the McDonalds buy funko pop and pay student loans

 

[Crusile]

30k = fine

if you inherit house you will have upkeep, food, car, investment and speculation if you do not go eat at the McDonalds buy funko pop and pay student loans

Low income is ideal lol you dont want subhumans retiring early and leeching on society. Crash all 401Ks and make boomers work.

 

[Crusile]

Thoughts on Marxist Leninst economic theory?

Outdated, the government can seize assets whenever they want in 2022. its better to seize in the future than now (for growth)