Quote:
Originally Posted by huey
GDP more important than stock market.
Nov. 28, 2018 · US third-quarter GDP growth unrevised at 3.5% GDP increased at a 3.5 percent annualized rate. That was unchanged from its estimate in October and well above the economy's growth potential, which economists estimate to be about 2 percent.
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I don't understand why you throw those numbers into the room without mentioning the number they face.
3% GDP growth versus 10% government debt growth in the very same time.
what exactly are you celebrating?
if a private person would be in the situation of the US it would not even find a bank for opening an account with them.