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by laflammaster
From almost 20% of GDP last year to less than 5% this year. I can’t say when the “official” recession will begin however growth is currently hovering at 0% right now, which means that ex-deficit we are ALREADY in a 5% recession.
LOL! Yahoo News: Yellen: “‘Nothing to suggest’ US will have a recession”
Our so-called leaders are idiots. And they will clearly be the last to know that their reign of idiocy is ending. Badly.
h/t SilverBoatSurfer
See also An amusing economic indicator: Strippers say a recession is guaranteed because the strip clubs are suddenly empty
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See also The inflation rate just hit a multi decade long resistance. Depression or recession always followed.
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