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Deconstructing the growth rate of the US economy in Q3
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Deconstructing the growth rate of the US economy in Q3

90% of the US economy is in recession mode and the remainder is propped up by European tax payers, government spending and USD strength.

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Rene Bruentrup
Oct 28, 2022
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Fallacy Alarm
Deconstructing the growth rate of the US economy in Q3
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The components of GDP

As the name says, GDP attempts to measure the output of an economy, i.e. what we achieve with our hands and brains collectively in a given period. It consists of the consumption of goods and services, private and public investment, exports and imports. Inventory changes play a role, too. It attempts to explain our economy from a pro…

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