American Economics Thread

Chevalier

Chevalier

Captain
Registered Member
Overbom said:
Significant R&D happening in the States. Big GDP jump expected.

Thank you Mr. President
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https://twitter.com/i/web/status/1987276536584818914
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https://twitter.com/i/web/status/1987542593991807029

Anyone who’s ever had to pay a mortgage knows you don’t even get to cut into the principal until about the tenth year which is when the bank expects you to move and start the entire cycle all over again. You literally become a debt peon, a serf, exactly how the west’s elites want of you and all its citizens.
 
9dashline

9dashline

Captain
Registered Member
Chevalier said:
https://twitter.com/i/web/status/1987542593991807029

Anyone who’s ever had to pay a mortgage knows you don’t even get to cut into the principal until about the tenth year which is when the bank expects you to move and start the entire cycle all over again. You literally become a debt peon, a serf, exactly how the west’s elites want of you and all its citizens.
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America wont last another 50 years
 
siegecrossbow

siegecrossbow

Field Marshall
Staff member
Super Moderator
Chevalier said:
https://twitter.com/i/web/status/1987542593991807029

Anyone who’s ever had to pay a mortgage knows you don’t even get to cut into the principal until about the tenth year which is when the bank expects you to move and start the entire cycle all over again. You literally become a debt peon, a serf, exactly how the west’s elites want of you and all its citizens.
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Neoliberal and elites to plebs — you will own nothing and like it.

Xi to Neoliberal elites — you will learn XJP Thought and like it.
 
Chevalier

Chevalier

Captain
Registered Member
Overbom said:
What a hard worker!

Now working towards introducing 15-year loans for automobiles
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SanWenYu said:
The Unlimited Slavery Of America!
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siegecrossbow said:
They’d rather enslave an entire generation of people than allow more affordable options in the form of Chinese EV…
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Are they trying to instigate a communist revolution or are they banking on the American people to be like slavish Indians and accepting lifelong servitude and squalor?
 
Sinnavuuty

Sinnavuuty

Captain
Registered Member
Sinnavuuty said:
American Dream!!!
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Part 58:

According to a recent survey conducted by Deloitte, a staggering 57% of American adults expect the U.S. economy to weaken further next year…
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With the holiday shopping season approaching, most American consumers have a pessimistic outlook on the economy, according to an annual Deloitte survey released Wednesday.

The majority of consumers surveyed — 57% — said they expect an economic downturn next year, according to the consulting firm's survey of about 4,000 participants. This compares to 30% who predicted a weaker economy before the holiday season the previous year and 54% in 2008, one of the years of the Great Recession.

This represents the most negative economic outlook since Deloitte began monitoring this indicator in 1997.
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According to Mark Zandi of Moody's Analytics, the list of states experiencing difficulties is growing rapidly…
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According to Zandi, the following states are in recession:

Wyoming, Montana, Minnesota, Mississippi, Kansas, Massachusetts, Washington, Georgia, New Hampshire, Maryland, Rhode Island, Illinois, Delaware, Virginia, Oregon, Connecticut, South Dakota, New Jersey, Maine, Iowa, West Virginia, and Washington, D.C.

This is even more worrying news for the economy, as last week hiring plans in the U.S. fell to their lowest level since 2009.
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And, just as we saw during the Great Recession, property values are taking a very alarming turn. …
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Of the 20 major metropolitan areas monitored by the Case-Shiller index, nine registered sharp price declines, while 13 showed a slower increase than the national average.

"August data shows that home prices in the U.S. continue to decelerate," Nicholas Godec, head of fixed income, tradable assets and commodities at S&P Dow Jones Indices, told Realtor.com.

For the fourth consecutive month, the value of residential properties fell due to inflation, meaning that homeowners are seeing their real assets diminish even with the slight increase in nominal prices.

Florida and Texas were the most affected states. Tampa recorded the steepest drop — 3.3% compared to the previous year — and now has ten consecutive months of falling prices.
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Bank reserves fell to the lowest level we've seen in more than four years…
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U.S. bank reserves plummeted to their lowest level in four years, falling to around $2.8 trillion, according to the latest data from the Federal Reserve, sending new warning signals to Wall Street and Washington. The sharp drop marks the second consecutive week that reserves have remained below $3 trillion, a critical level that, according to analysts, could test the solidity of the banking system's liquidity.
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Many videos on social media allegedly show people stealing food from supermarkets...
https://twitter.com/i/web/status/1984651022002983376
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Agriculture Secretary Brooke Rollins has just admitted that thousands and thousands of people have been illegally using food stamps…
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“We have found thousands and thousands of illegal use of the EBT card, we have been moving people off SNAP, we’ve got about 700,000 people that we’ve moved off SNAP since the president took office, and we’ve arrested about 118 people,” Rollins said.

She added that investigators also discovered about 5,000 dead people who were still receiving benefits.
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