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To: blam
The poll found that 85 percent of Americans think it is likely for the country to go through an economic recession in the next year. Of those who responded, 45 percent said it is “very likely,” and 40 percent said “somewhat likely” for a recession.

Considering Q1 GDP contracted by almost 2% I'd say the economy is like an out of control stock car spinning up the track toward the wall. A recession is guaranteed. Probably a deep, year long recession given the occupant of the White House has 2 more years before he gets bounced out on his depenz-wearing behind.

9 posted on 05/20/2022 2:46:38 PM PDT by Tallguy
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To: Tallguy

That was based on the official inflation rate of about 8.5%. Given that the real rate is more likely at least 15%, it’s actually contracting a lot more.


17 posted on 05/20/2022 3:08:45 PM PDT by Tolerance Sucks Rocks (Florida: America's new free zone.)
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