Compared with Canada, U.S. Economy Looks OK [View article]
Canada having a problem because there was a small contraction?
After all these years I still do not understand why the Americans think that (small) contractions equal to death.
Contractions are just as natural as your sleep.
And don't forget: If you adjust the US GDP growth for all that extra debt, the USA is contracting for a lot of years already. Right now the US economy has over 50 trillion of debt standing over herself and it routinely grows about 8% a year (that's about 2 to 3 times the long term GDP YoY growth by the way).
No no Grace: Your looks are charming but your brains are not...
Compared with Canada, U.S. Economy Looks OK [View article]
After all these years I still do not understand why the Americans think that (small) contractions equal to death.
Contractions are just as natural as your sleep.
And don't forget: If you adjust the US GDP growth for all that extra debt, the USA is contracting for a lot of years already. Right now the US economy has over 50 trillion of debt standing over herself and it routinely grows about 8% a year (that's about 2 to 3 times the long term GDP YoY growth by the way).
No no Grace: Your looks are charming but your brains are not...