Dr. Jeff on Nostr: To be clear, if it were a truly “free market” then the US absolutely should be in ...
To be clear, if it were a truly “free market” then the US absolutely should be in a recession.
But the MASSIVE amount of fiscal (government) spending is *artificially* boosting GDP and preventing an official recession to occur.
Can they keep up the charade throughout 2024 and allow the underlying economy to recover?
Or will their actions only serve to worsen the inevitable outcome?
I give it 50/50 odds.
Let’s see what happens. 🍿
But the MASSIVE amount of fiscal (government) spending is *artificially* boosting GDP and preventing an official recession to occur.
Can they keep up the charade throughout 2024 and allow the underlying economy to recover?
Or will their actions only serve to worsen the inevitable outcome?
I give it 50/50 odds.
Let’s see what happens. 🍿