American Economics Thread

[LesAdieux]

US December job report: 199k, 422k was expected. the ADP has become a joke, it reported 807k two days ago.

The Dec CPI will come next week as Powell receives his confirmation hearing, it will be very interesting.

 

[Tyler]

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[BlackWindMnt]

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Are they fudging with the statistics like change the definition of unemployment, I know my country does that kind of stuff to under report on crime, drugs use etc.

 

[gelgoog]

Of course. Remember, people who "aren't actively seeking for employment" or who are working for poorly paid part time "gig economy" jobs don't count as unemployed.

 

[bajingan]

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the u.s inflation reached 7% but @sleeystudent or whoever he called himself now told me that the u.s can print money to eternity and nothing like this will happen

 

[Overbom]

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the u.s inflation reached 7% but @sleeystudent or whoever he called himself now told me that the u.s can print money to eternity and nothing like this will happen

The US is basically inflating its debts to nothing at the expense of its people.

Nothing new here.
[Literally everything in the US] > poor people

 

[SanWenYu]

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the u.s inflation reached 7% but @sleeystudent or whoever he called himself now told me that the u.s can print money to eternity and nothing like this will happen

Did mods genocide him again?

 

[Overbom]

Did mods genocide him again?

Yes but he is reincarnating every week or so. No worries though, in about some days we should have him back again

 

[SanWenYu]

Yes but he is reincarnating every week or so. No worries, in about some days we should have him back again

You just uncovered why Uyghurs population doubled in Xinjiang even with millions genocided and force sterilized. They reincarnated!

 

[Maikeru]

Not sure where else to put this. US spends 3.75% of GDP on military compared to only 1.75% for China. SIPRI:

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