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sMASH wrote:adnj wrote:hover11 wrote:How can the technical definition be avoided when the US had more than two consecutive quarters of DECLINE, banks have to be optimistic don't you get that , when ppl hear recession they will pull their money from the banks it will cause panic and banks don't want that. Bear in mind that this is the same country where the definition of a woman is anything you want it to be, so why not define recession what you want it to be as well.....
You should really concentrate on how you never heard of a "mild recession" and then I post an article with "mild recession" in the headline from 1979. I hope that you don't have any kind of business degree because not enough sunk in - that was just time wasted.
Whatever is going on in the US is too complicated for you. Leave it alone before you hurt your brain.
man gone from NO RECESSION NOW, cause it coming later... to mild recession.
like the girl does be slight pregnant.
america is in recession, based on historical definitions, but mildly. expected to get worse later.
Might not happen this year, as this year only has two more months to goadnj wrote:It seems as if the US economic collapse won't be this year. Sufferers and haters will need to wait a while longer.
The 2022 fiscal year saw $4.896 trillion in revenue against $6.272 trillion in outlays. The outlays number represented about a $550 billion decline in spending but an $850 billion increase in revenue. The revenue total is by far the highest ever for the U.S. government.
Deficits in the previous two years soared as Congress shelled out massive sums to combat the pandemic.
The shortfall hit a record $3.13 trillion in 2020 due to more than $5 trillion in CARES Act spending and other outlays. In 2019, the deficit was $983.6 billion. Prior to 2020, the highest deficit ever was $1.41 trillion in 2009 as the financial crisis came to a close. The U.S. briefly ran a surplus from 1998 to 2001.
https://www.cnbc.com/amp/2022/10/21/us- ... lines.html
but rest assured it is coming...
sMASH wrote:De Dragon wrote:sMASH wrote:soo, it looks like US will be buying vene crude after all. but, US refining capacity is down, so it might mean our refinery will get a play, but i suspect it might be sold to shell. hence why small pin was summoned to US for energy talks.
Well dais it, he and he JUHN Scarfy will fack it up, because as we saw with gas prices, they couldn't negotiate their way out of a one door room.
thanks to putin and MBS, even with juhn mismangement, prices will be high enough, that HOPEFLLY if our refinery does get a play, gortt will be able to pay some bills and reduce some debt. might not come in time to reduce any deficit, if it is a reality.
i suspect the refinery will sold to shell cause how goebbels get summoned to US for energy talks, and they always talking with shell in the last few months.
if we get dragon gas, it will be like christmas... for gortt
hover11 wrote:Wtf is a mild recession.... like mild cancer or mild aids lol. Mild recession is a term now lol. It doesn't take away how detrimental it is. Alot of people are going to lose their jobs and cost of living in the states is going to increase.
SuperiorMan wrote:Is Joe Biden senile?
ruffneck_12 wrote:SuperiorMan wrote:Is Joe Biden senile?
you now realize?
At least he doesn't send mean tweets I guess
shogun wrote:Sh!t, even Skechers eh want nothing to do with the man? Skechers dred? lol
redmanjp wrote:
post gone- not sure where he get that from
but im surprised no one posted about the actual story
shogun wrote:So Elon's first act of "free speech" on Twitter was to censor himself?
The fact that Musk retweeted straight up conspiracy garbage, who's source was the same site that "reported" Hillary Clinton died and was replaced by a body double, tells you everything you need to know about the mental stability of the crowd on the right.
... and said that he voted for Bush and will vote Republican in '22 and '24.SuperiorMan wrote:shogun wrote:So Elon's first act of "free speech" on Twitter was to censor himself?
The fact that Musk retweeted straight up conspiracy garbage, who's source was the same site that "reported" Hillary Clinton died and was replaced by a body double, tells you everything you need to know about the mental stability of the crowd on the right.
Yes the same conspiracy theorist right wing nut Elon Musk who voted for Hillary Clinton and Joe Biden.
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