American Economics Thread

[9dashline]

I dont know where to post this, I think here should be ok.

Boston Dynamics is crazy. Look at them robots, very humanlike mobility. They are at the top right now. Would be interesting to see what other capabilities they have, and how they "know" how to move (machine learning I assume)

The wonders of deep machine learning....

but notice this was still in 'ideal' environment, perfect lighting conditions, no wind/platform movement, etc etc everything was perfectly flat surface... lets see they do this on all terrain surfaces, or sandy beach with rocks and stuff.... yes sure it can do a backflip, but so could a cheap 30 dollar drone from 10 years ago... this is still a far cry from real world test and not a substitute for general purpose human/soldier at this point...

 

[Gatekeeper]

Yep. US industrial production is at Feb. 2020 levels so fully recovered from the pandemic and for the most part, is growing. All the areas lost have been "recovered".

Then you're blind as well as being ignorant.

 

[Equation]

The statement that US industrial output is not growing is simply a false statement and even then, your second statement is similarly false, the US isn't dependent on CN growth. US exports to China have flatlined

The fact US industrial output will never be the same as before or even catch up to China today and tomorrow. You're delusional if you think the US rich people doesn't depend on China for their wealth. So YES the US does depend on China for growth.

US Needs China More Than China Needs the US​

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[emblem21]

Someone got a bit of a holiday just today, but I wonder what happened there

 

[LesAdieux]

August jobs report big letdown, only 235k, 720k was expected.

in the meantime, GDPNow forecast for Q3 drops to 3.7%, the scandalous White House economic office forecasts the US economy will grow 7.2% for the year, which implies the economy will grow more than 8% for the second half.

 

[9dashline]

White House economic office forecasts

maybe as accurate as their afghan pullout forecasts?

 

[broadsword]

Someone got a bit of a holiday just today, but I wonder what happened there

Oedipus committed a grave sin

 

[LesAdieux]

the game changer will be inflation. Biden will be another Jimmy Carter. Yellen is a bit thin, but Powell is clearly thick, he will mess it.

 

[DarkStar]

August jobs report big letdown, only 235k, 720k was expected.

in the meantime, GDPNow forecast for Q3 drops to 3.7%, the scandalous White House economic office forecasts the US economy will grow 7.2% for the year, which implies the economy will grow more than 8% for the second half.

Does this mean the Fed tapering won't be happening? QE infinity for everyone?

 

[LesAdieux]

Does this mean the Fed tapering won't be happening? QE infinity for everyone?

no, inflation will force fed to taper, to hike. I firmly believe tapering will start before the end of the year.