RE: Its a capital strike, plain and simple.
If that is the case, then I see no reason why the same reason that caused the GDP to collapse in Q1, won’t apply to Q2.
I mean, what good reason is there to believe that the capital strike in Q1 suddenly will be over in Q2 and for the rest of the year?
All right, plain and simple it’s not.
But I just think there are many cumulative effects of volitional withdrawal of investment based on fear of political persecution.
Those committing this “capital strike” are just doing it because they can’t stand a black president...
isn’t that what the left would say?