Bitcoin News on Nostr: Former Commerce Secretary Warns US Headed for Recession. Former Commerce Secretary ...
Former Commerce Secretary Warns US Headed for Recession.
Former Commerce Secretary Wilbur Ross has warned of an impending U.S. recession due to the lingering effects of pandemic-related stimulus. While Wall Street maintains a more optimistic outlook, citing strong GDP and low unemployment, Ross argues that the economy was artificially inflated by the $5 trillion in stimulus.
Published at
2024-09-16 14:46:19Event JSON
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