Q1 Gross Domestic Product (GDP) -4.80%
Personal consumption expenditures -5.26%
Services -4.99%
Household consumption expenditures for services -5.61%
Health care -2.25%
My view of the world through personal experience, 30 years of teaching Economics and Foreign Languages, travel in Europe and North America, research, and living 20 years under communism.
World War III was started in January 2020 by the Chicoms, with help from Russia's Red Czar, Comrade Putin and his commodity trading company Gunvor, from Geneva. Together, they crushed the oil prices, with OPEC's blessing, completely halting the USA and Canadian prosperous fracking industries. Then, the lock down of the USA population, the 30% financial market correction and the high unemployment will lead directly into an economic crises, very close to the 1920 DEPRESSION. Domestically, the DemocRAT Party, USA assisted fully the international anti-American plot, hoping to regain the power in the White House and the Washington DC Swamp! God save America, the last Bastion of Freedom on this troubled Globe!
ReplyDeleteCan't argue with your assessment.
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