[central_va]

Our economy runs a deficit with the world and is not affected by global slow down to any significant degree.

As a proof if you took away all of our exports how much would GDP fall?

1. 20%
2. 12%
3. 9%
4. 7%

[1Old Pro]

In 2018, U.S. GDP was 69% personal consumption, 18% business investment, 17% government spending, and negative 5% net exports. so if exports slow further it will still negatively impact GDP, let’s say it could decrease it by .25 percent in an environment of about 2 or 2.5% growth that is still significant.

[NELSON111]

Good grief. If the world economy implodes it’s taking us with it simply because of the FACT that the European banks have hundreds of trillions in overlapping derivative exposure with US banks. It’s not a simple numbers game that you keep portraying. If you think that DB collapsing because of a Greek default wont even move the needle here-well-just sit and watch.

The number one indicator of an economic downturn is actually RV sales. Yeah. You heard that right. RV sales. They are a better indicator than any economist. They’re down 20% this year. Year over year delivers started to collapse last year. The RV industry has always been the canary. Right now the canary is gasping for breath.