
For Now, Bad News Is Good Again – Ep 851
The Peter Schiff Show Podcast
00:00
Q4 GDP Is Going to Be Back in Negative Territories
100% of this improvement came from the shrinking trade deficit. If you throw that out, we didn't have GDP growth. We had a GDP contraction. So even if we're not in a recession, we're damn close to one. Most economists believe a recession is coming soon. And so if we're already in one, we soon will be. I don't care about this one number. I think we're in recession.
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