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/biz/ - Business & Finance

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51097826 No.51097826 [Reply] [Original]

https://www.reuters.com/markets/us/revision-shows-mild-us-economic-contraction-second-quarter-2022-08-25/

>WASHINGTON, Aug 25 (Reuters) - The U.S. economy contracted at a more moderate pace than initially thought in the second quarter as consumer spending blunted some of the drag from a sharp slowdown in inventory accumulation, dispelling fears that a recession was underway.

>The two straight quarterly decreases in GDP meet the standard definition of a technical recession. But in the case of the U.S. economy, the contraction in GDP is misleading, given the large role played by inventories.

>The underlying economic strength is a double-edged sword. While it shows no recession, it gives the Federal Reserve ammunition to maintain its aggressive monetary policy tightening campaign, increasing the risk of a downturn.

>> No.51097854
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51097854

>> No.51097860

>>51097826
didn't read
the cancellation of student loan debt is a means to capture a voting population prior to the economy taking a shit which starts tomorrow

>> No.51097872

>>51097860
2 more weeks

>> No.51098058

>>51097860
it's ok, I know you don't read

>> No.51098078
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51098078

>>51097872
>two more weeks
biden fags actually believe he will cancel debt this time, in two weeks
pedo biden bros will be believe anything LOL, good one anon

>> No.51098110

>>51097854
>>51098078
You are posting the same cope in every thread, looks like something made you seethe hard as fuck.
You will still cope and seethe when the bull run resumes and your dead shitcoin won't pump, while the rest of the board makes money.

>> No.51098142
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51098142

>>51098110
>two more weeks bros
>trust the plan

>> No.51098190
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51098190

>>51098142
Are you ok buddy?

>> No.51098241
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51098241

>>51098190
>two
>more
>weeks
>y-y-y-you'll see

>> No.51098289
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51098289

>>51098241
I refuse to believe that you are a human, looks like I was talking to a bot.

>> No.51098518

>>51097826
>reuters
gay pravda

>> No.51098613

real recession, read an actual depression, is going to probably happen near the great reset time - it could start in 2026 and absolute collapse by 2028-2029 '
The new "Messiah" (also known as the Great Reset by early 2020s decade terminology) time 2030-2031

>> No.51098691
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51098691

>>51098289
anyone defending the GAE is a subhuman that was designed to be used like livestock.

>> No.51099368

>>51098078
why is Biden groping that baby and not sniffing him