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. 🍿
Dr. Jeff / Dr. Jeff Ross
npub1k7…3c04l
2023-10-25 14:24:39
Author Public Key
npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04lPublished at
2023-10-25 14:24:39Event JSON
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"content": "To be clear, if it were a truly “free market” then the US absolutely should be in a recession. \n\nBut the MASSIVE amount of fiscal (government) spending is *artificially* boosting GDP and preventing an official recession to occur. \n\nCan they keep up the charade throughout 2024 and allow the underlying economy to recover?\n\nOr will their actions only serve to worsen the inevitable outcome?\n\nI give it 50/50 odds. \n\nLet’s see what happens. 🍿",
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