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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: commonone   😊 😞
Number: of 84357 
Subject: Real World Economics Stuff
Date: 04/16/24 12:36 PM
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While discussing how Dr. Anthony Fauci spent 40 years saving lives as a public servant when he could have become a gazillionaire in the private sector but, still, is somehow corrupt is endlessly fascinating, here's some real-world economic news from today's Financial Times: according to the International Monetary Fund, the United States is forecast to grow at double the rate of it's G7 peers this year.

The IMF said the next best performer in the G7 this year would be Canada, with growth of 1.2 per cent.

It added that Germany’s expansion would be the weakest among the G7 at 0.2 per cent. Japan is forecast to experience growth of 0.9 per cent, while the UK is set to expand by just 0.5 per cent after flatlining in 2023.


Of concern: conflict in the Middle East and the war in Ukraine may spark fresh increases in commodity prices and the IMF pegged U.S. inflation at 2.9%, slightly above its forecast of 2.4% for the eurozone and 2.5% in the U.K.

Gee, double the growth of the next strongest G7 country sounds pretty good.

Of course, if #SleepyDon was president it would be 10X.

Speaking of #SleepyDon, word is he's falling asleep again today in the courtroom.

Financial Times: Content 3b819571 662d 4185 9ca5 c7e682b55700
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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