Thread: The View, from China

Technical Recession Confirmed: Economy Shrank 0.6% Last Quarter, Final GDP Shows


The U.S. economy shrank for a second quarter in a row this year, a third and final estimate from the Bureau of Economic Analysis confirmed Thursday—once again signaling the start of a technical recession even as economists predict signs of a slowdown will only grow in the coming quarters, likely prompting the official scorekeeper to declare the economy has entered a recession.

https://www.forbes.com/sites/jonathanponciano/2022/09/29/technical-recession-confirmed-economy-shrank-06-last-quarter-final-gdp-shows/?sh=4b5ae28444da


Sorry those bloody commies at Forbes rained on your charade snubs.


And oh looky here now Mountieboy- the CNY has performed way better than the Euro, GBP & JPY in 2022-




You should be squirming with embarrassment, you lazy school children. Do your homework.


[Sab, don't show them the performance of the Russian ruble please. Too cruel]