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Old 11-22-2023, 11:05 AM
whell whell is offline
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,135
Quote:
Originally Posted by finnbow View Post
I must have missed your alleged destruction of my post. As for the recession you have predicted for the past 3 years...
Show me even one of my posts where I "predicted a recession". Let me help you: you won't find one, you lying sack of excrement. The closest I've come is to say that I am, and continue to be, careful about spending and debt because I don't like the current economic conditions.

Quote:
Originally Posted by finnbow View Post
...there is still not a hint of its existence. Indeed, the world economy is expected to grow by $8 trillion in 2022 and 2023 to $105 trillion. China will account for none of that gain, the US will account for 45 per cent, and emerging nations for 50 per cent.
More bullshit. Such numbers are meaningless without a basis for comparison. No one is predicting huge economic growth as a percentage year over year. The IMF has been conservative in its growth estimates:
https://www.imf.org/en/Publications/...nt%20in%202023. The IMF also predicts that quite a number of countries will outperform the US economic growth forecast in 2023 and 2024:
https://www.imf.org/external/datamap...ADVEC/WEOWORLD

In fact, check out these numbers from the IMF for growth by type of economy:

Emerging market and developing economies: 4%
Advanced economies: 1.5%
World: 3%

HINT: the US economy is considered an "advanced economy".


Quote:
Originally Posted by finnbow View Post
Meanwhile, the US economy has consistently outperformed all other First World economies over the same time period...
Not according to the IMF: https://www.imf.org/en/Blogs/Article...ng-divergences


Deloitte isn't exactly bullish either: https://www2.deloitte.com/us/en/insi...-analysis.html

Quote:
Originally Posted by finnbow View Post
Maybe instead of concocting specious arguments against Biden's handling of the economy, you should focus upon removing yourself from the thrall of an incompetent and dangerous fascist and his brownshirt enablers in the House.
Maybe you should broaden your sources of information beyond conventional sources of Dem talking points...or at least become a better liar.
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