Three Economic Myths Just Got Busted
So the three myths that we can put in the coffin are:
* The consumer is dead.
* The US doesn't make anything.
* The Chinese consumer doesn't buy anything.
This is fantastic news!
* We're not dead.
* The US makes something.
* The Chinese consumer buys something.
There's just no arguing with the logic of it. Here is one of the more popular comments in response to this cutting edge analysis.
Wake me up when we run a trade surplus. - John
Schedule for Week of February 23, 2025
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The key reports this week are January New Home sales, the second estimate
of Q4 GDP, Personal Income and Outlays for January, and Case-Shiller house
prices...
32 minutes ago
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