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IPFS News Link • Economy - Economics USA

Unemployment, Debt, Reckless Spending:

• https://russia-insider.com by Michael Snyder

I have so many bad economic numbers to share with you that I don't even know where to start. 

I had anticipated that the U.S. economic slowdown would accelerate during the fourth quarter of 2019, and that is precisely what has happened. The Federal Reserve is trying to do all that it can to keep us from officially slipping into a recession, and the federal government is literally spending money as if tomorrow will never come, but all of that intervention has not been enough to reverse our economic momentum. We are really starting to see conditions begin to deteriorate very rapidly now, and 2020 is already shaping up to be the most pivotal year for the U.S. economy since 2008.


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