American Economics Thread

[supercat]

Q3 will also be negative. Same with Q4. US GDP will not grow again until 2024. This is what you get for treating greenback like monopoly money. Reap what you sow.

Furthermore, America's life expectancy may decrease further, despite it's already a few years lower than other OECD countries (even lower than China now). Guess what is much higher in the U.S.? Insulin price.

https://twitter.com/i/web/status/1556320540243234817

Please, Log in or Register to view URLs content!

The wealth inequality also worsened. In 1989, the bottom 50% held about 4% of the nation's wealth. Today? 2%.

https://twitter.com/i/web/status/1575159955191103489

 

[ACuriousPLAFan]

The wealth inequality also worsened. In 1989, the bottom 50% held about 4% of the nation's wealth. Today? 2%.

https://twitter.com/i/web/status/1575159955191103489

Supposedly that graph is based on 2019 data.

But with the COVID-19 pandemic, I suppose we already know how much worse the wealth inequality for the Americans have become over the past 2 years.

 

[siegecrossbow]

Please, Log in or Register to view URLs content!

 

[Sinnavuuty]

American dream...

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

https://twitter.com/i/web/status/1572659264560435201

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

 

[Biscuits]

Please, Log in or Register to view URLs content!

EUR/USD hit an all time high of 0.981. Dollar also trading record high with GBP as well. Meanwhile all of Europe's and UK's industry is scrambling to relocate to either China or America, and will forever be dependent on American gas exports. Europe will also be spending hundreds of billions on buying overpriced American military platforms, because they have no other choice.

No one in Europe is allowed to say anything to criticise this or they'll be called pro Putin and sanctioned by the rest of Europe.

How is Biden not the best US president of all time?

The most hilarious thing is that US is forced by contract to sell a large part if not the majority of their gas to China at trump era bargain prices. And then China marks it up massively for the EU.

New American cope is that their own allies in the EU are failing because it was always America's 5D chess plan to take EU's wealth. Funny then how China is also invited along for the party... At zero cost.

 

[xypher]

The most hilarious thing is that US is forced by contract to sell a large part if not the majority of their gas to China at trump era bargain prices. And then China marks it up massively for the EU.

Another art of the deal by Trump.

 

[CMP]

The most hilarious thing is that US is forced by contract to sell a large part if not the majority of their gas to China at trump era bargain prices. And then China marks it up massively for the EU.

New American cope is that their own allies in the EU are failing because it was always America's 5D chess plan to take EU's wealth. Funny then how China is also invited along for the party... At zero cost.

Can you give us some numbers on what % of American oil/gas is actually going to China vs EU vs domestic consumption vs other export markets?

 

[Biscuits]

Can you give us some numbers on what % of American oil/gas is actually going to China vs EU vs domestic consumption vs other export markets?

2 20-year deals for a combined 4 million tonnes of LNG per year.

 

[Strangelove]

 

[CMP]

2 20-year deals for a combined 4 million tonnes of LNG per year.

What % of total US production is that?