32.9% drop in US GDP

Ehhhhhhhhhhhhh
This... this wasn't supposed to happen?

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IT WAS HER TURN!

How do I profit?

Annualized.

Buy

so is today the big one? where's article 56 swan?

Is this real? that's massive!

it was expected even higher, dumbass

>d-dude calm down i-it's not THAT bad
retard

That's 3 times higher than fucking Germany. What the fuck did you retards do?

buy the dip

Based! Spics will no longer steal your jobs!

The shut down was a reaction to the unknown. We didn't know how bad this was so we did what everyone else did. The problem is that our politicians give zero fucks about the people, so they didn't give the same kinds of support to citizens like other countries did. In so doing, we actually allowed the shutdown to do permanent damage to the economy. As we opened things up, we should have mandated very strict measures like masks, but people are too fucking selfish and retarded. On top of it, the marxist fucks promoted protests and civil unrest in a pandemic. It should have been put down harshly and the media hanged for fanning the flames. At the end of the day, our internal politics are so dysfunctional thanks to kikes that a major disaster like this pandemic is actually going to end up destroying us in the end. What comes after will not resemble America.

It’s going to take 8-10 years for the US to get back to 2019 GDP if they have a minimum of 5% annual growth which no western country has seen in the last 30 years.

So how is Sweden doing

I don't think we'll get a V shaped recovery however the reopening recovery wont be tested until Q3 or Q4. Q2 is still mostly lockdown.

anybody could have seen this coming back in march when everything was locked down. everyone knew even q3 and q4 will probably be down

American (((economy))) is fine. All we have to do is just print more money. The lower middle to lower class are absolutely fucked beyond any repair

Digits, but give it a day or two to bleed out

Remember when bearbros told you about that the "recovering" was the biggest bulltrap of all times? Now we're back at crash mode, and this time, with not a single one willing to save it. Trump will print and brought more money from other federal reserves out of USA, and that is when US will implode.

Yes, repo crisis in sept 2019 was the real catalyst and everybody following it knew that the economy was going to tank in 2020 with or without COVID. It’s also the same time period where gold and silver increased and started the current trend line.

After the 2098 shit show every major western economy bounced back with a very high rate for 1 2 quarters before returning to pathetic growth, if this shit show takes out 20% of us annual GDP next year H1 USA will bounce back and make up 1/3 to 1/2 of it and recover the rest of the damages over the next 4 5 years
Will not take 10 but it will not take 1 either like some kikes predict

Are you retarded? It was self inflicted shut down, not condition inflicted. You can just turn all the shit back on and send people to work whenever you want. Maybe it will take a hit for two years.

Me thinks you faggots didn't buy the dip in March, and now you are coping with having missed out on effortless 2x.

Take profits

I mean the actual productive economy. That has had permanent damage to it as many small businesses have had to close. That's a significant source of wealth for the middle class and turns more and more into reliant wagies.

I ain’t selling my links faggot. Never ever

> -34.1% expected
> only 32.9% actually
poomp eeet

Adults are trying to discuss economics, leave your beanie babies out of it

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That’s what I mean when I said the lower middle to lower class are fucked. The middle class is going to be the new wagies, while upper middle and upper class are going to get rich as fuck because brrrrrrrrr

Growth just after 2008 was pathetic in the western world mate. If GDP drops by 20% in 2020 then it will take 10 years to get back to 2019 figures. 2020’s is a lost decade.

>Digits, but give it a day or two to bleed out
>take profits
Great input there boomer

Honestly Zig Forums is in turbo cope, anyone who says anything negative about the holy bible dow jones gets casted away. There is another huge dump coming and it's going to be bigger than March, and there's no level of coping that can stop it. I just wish Zig Forums was way more BOBO.

>money printer go brrr
>yes, I’m fat and I own link
Ok zoomer

Not wrong tho, this country is an incoherent mess. It made sense as a White country, even for the few nonwhite people that were let in. The incoherence keeps the Jews in power.

There will be a big jump in whatever quarter the vaccine first becomes available in. Its just not going to be the full 33% like Republicucks are deluding themselves into thinking.

I say 18-20% and then a desperate five year crawl towards the remaining 15%. Either way, the entire millennial generation is completely and totally fucked

Checked.
Stonks are fukt.

Welcome to the Trump presidency

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And precious metals are completely collapsing. This whole market needs to burn so something more sane can take its place.

Finally those spics won’t be able to circulate the money back into the economy! Can’t stop winning goys

I am unsure of another crash. But it's not because we are recovering, but because brrrr is not going to let assets deflate. They only have 2 options and one of them is politically impossible in an election year. So they will continue to inflate. It's not a healthy bull market, but I feel the market can only go up. It's asset hyperinflation.

It's the completely manipulated paper market. If the dollar is under threat from PMs, they will fuck the prices. But they can't do it forever. Hold physical.

Some form of fascism, perhaps Huey Long nationalism, is the only way out of the catastrophe inflicted by the evil globalist project.

>But it's not because we are recovering, but because brrrr is not going to let assets deflate
Kek this. Trump has the feds by the balls. He will brrrrrrrr forever

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I don’t see that happening since 50% of lost jobs are permanently gone and the sheep are more skiddish now about the economy since they ever were.

>circulate money
There's less money to circulate when you allow exploitative labor practices.

>is the only way out of the catastrophe inflicted by the evil globalist project.
You know nothing goy

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In times of crisis the fed can be nationalized.
Obama did it in 2008 and Trump has already done it.
The USA is in a really bad position long term and some people are even speculating that the run away inflation and other economic factors and political instability will have the USA removed as the worlds reserve currency.
bloomberg.com/news/articles/2020-07-28/goldman-warns-dollar-s-role-as-world-reserve-currency-is-at-risk

Now this could be huge for crypto but regardless it'll be totally devastating for the USA economically and politically.

Lol, all those good ones added up still beats Q2 of 2020, so in reality the "change" is about 0%

Reminder that most of the new cases are in trump states, not blue states.

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