How the U.S. Economy Just Lost 33% of its Value
Economics Explained
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Introduction
This chapter delves into the release of the Q2 GDP report which showcases a shocking 32.9% contraction in annual GDP growth, drawing parallels to past economic crises like the 2008 subprime mortgage crisis and the Great Depression. It also explores the possibility of the current situation mirroring the economic state of 2008.
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Transcript
