Loading ...The over all US Economy and living standards. And fake Gross Domestic Product numbers.
Just like a stock chart, there are many up-legs in a down trend, like a ball going down the stairs. The Economy goes up and up and up on the way DOWN with little fake booms and busts but overall, the country has been in a downtrend since 1975.
The photo you posted with the Iceberg named recession, should be named, “The Reset” or “The Last Big One” Elizabeth, or the “Last Blow Off Bottom” or “The End” of the past nonsense. And the beginning of a new USA.
So we COULD say, the USA had 8 great recoveries during a long great depression of 1970 or 1975. Nobody thinks what I think, and nobody says what I say on Financial Media. My info is original, not copied from anywhere or anybody. I’m brutally practical. And realistic.
The entire USA has been robbed, embezzled, that why Trump started to make America great again. Its not been great. Unless you are a tax absorber, on the receiving end of taxpayers. Gov’t subsidies, support grants etc. Or part of the Climate Change economy. Solar panels wind mills etc. And the auto mechanics??
Mine told me “It was a genius that created the Check Engine Light”. I heard they kept it in the north east because new car dealer service departments needed work. Sales and Service absorb wealth. Manufacturing CREATES wealth. Merry Christmas China et al. But its time to be happy. Because its all going to change for the better after we hit bottom, not 50 more years away.