Can we make any bets
I think it will end up at somewhere around 1%. However I still think they are in recession, as they undercount inflation
American Economics Thread
- Thread starter Bernard
- Start date
I think it will end up at somewhere around 1%. However I still think they are in recession, as they undercount inflation
The fake news sector is furiously converting electricity to BS at a 100% efficiency.
manqiangrexue
Brigadier
Sleepy says US Q3 GDP at 7.9% vs. China's 4.9%. Goes on a rant about how the US is just so unbeatable because 7.9%>4.9%.
Chinese Economics Thread
Let's hope common prosperity doesn't become common poverty.
www.sinodefenceforum.com
Chinese Economics Thread
Let's hope common prosperity doesn't become common poverty.
www.sinodefenceforum.com
Official data comes and and actual number: USA's
This is the quality and trustworthiness of people who are anti-China.
At this stage of respective development, China should grow about 2 - 3 times of the US economy under normal condition. Of course, last two years are anything but normal.
Sounds like fake news tbh, lol. Won't be surprised if the reality was way closer to the GDP Now forecast.
But don't compare China 4.9% yoy gdp growth to the USA 2% annualised. USA doesn't use yoy growth.
The Delta variant now plays a small role in the US economic slowdown. Its more about the shortages, inflation and the millions of resignations that are now taking place in the US.
And in the meantime the stock market just keep making record highs.