The US Economy Gets Weaker as Inflation Gets Stronger – Ep 817
The Peter Schiff Show Podcast
00:00
Is the Economy in Recession?
The atlanti fed downwardly revised its estimate for c two g d p to just point nine, so now below one %. That's a sign that the economy is either rapidly headed for recession, or, more likely, already in a recession right now. Even if technically one of the quarters was positive growth, the average of two quarters will be negative growth. i still think there's a good chance that the second quarter is going to end up being another negative quarter.
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