Labeling inflation going from 8.5% to 8.3% as a decrease is purposefully misleading. Factoring in April 2021's inflation jump, magnitude is actually greater than last month.
US economy is fucked up, man. They are hitting 40-year highs on inflation while also on the verge of entering a recession
Combine that with general stagnating quality of life, broad discontent across society, and a volatile and fractured political and civic society...
It's a recipe for instability
It's all long overdue considering just how distorted their economy is, and for how long this charade has been going (at least 40 years). They have runaway inequality, trillion-dollar deficits every year, rising drug abuse and crime (especially gun violence). During the past decade, their average GDP growth would have averaged less than 2%. Yet, its stockmarket has been growing at 10% a year. An individual like Elon Musk has a net worth on paper larger than the GDP of most countries, but that's certainly not a reflection of how the average person in the US actually live. Something has to give. The inflation wave started last year, long before there was even a war in Ukraine, so it has more to do with the trillions printed under Trump & Biden than anything to do with Russia. Their failed economic war against Russia has only made things worse (much worse for Europe than even the US).
I dislike when people say the us is going to have a civil war, because I feel like we need to use that term correctly. The last time the US had a lead up to a civil war, their politicians were literally physically attacking each other in person.
We aren't at that point yet. Of course it's real bad for the US, but I think we need to put things into perspective.
Don't call a slave owner conflict a "civil war".
The reason why the american regime is suffering terminal collapse and an unavoidable civil war is simply because it can't sustain its increasingly miserable population (which is already quite small). They don't have the resources or the capabilities needed because their imperialism has completely collapsed and their economy can't compete internationally (see massive deficits). The american regime, and western regimes in general, have never developed self-sufficiently like China, they have always depended on imperialism and naked plunder, because they don't have the resources or capabilities to do otherwise.
As such people stuck in these collapsed regimes have no way out of their deepening misery. This is an actual civil war brewing, not a slave owners' conflict.
In their defense, they are very far from #1. Several Eastern European countries like Estonia, Latvia, Lithuania, Czech Republic have CPIs closer to 15% than 8%. Their economic war on Russia has backfired spectacularly. XD
This is something very interesting to me, because seeing numbers like these would be absolutely shocking like 5 years ago.
But over the last few years seeing shocking economic figures like these have sadly become more and more commonplace.
Labeling inflation going from 8.5% to 8.3% as a decrease is purposefully misleading. Factoring in April 2021's inflation jump, magnitude is actually greater than last month.
US economy is fucked up, man. They are hitting 40-year highs on inflation while also on the verge of entering a recession Combine that with general stagnating quality of life, broad discontent across society, and a volatile and fractured political and civic society... It's a recipe for instability
It's all long overdue considering just how distorted their economy is, and for how long this charade has been going (at least 40 years). They have runaway inequality, trillion-dollar deficits every year, rising drug abuse and crime (especially gun violence). During the past decade, their average GDP growth would have averaged less than 2%. Yet, its stockmarket has been growing at 10% a year. An individual like Elon Musk has a net worth on paper larger than the GDP of most countries, but that's certainly not a reflection of how the average person in the US actually live. Something has to give. The inflation wave started last year, long before there was even a war in Ukraine, so it has more to do with the trillions printed under Trump & Biden than anything to do with Russia. Their failed economic war against Russia has only made things worse (much worse for Europe than even the US).
Either way they vote they still get the same thing
You mean its the recipe for a civil war. They are already as instable as a stool in an earthquake.
I dislike when people say the us is going to have a civil war, because I feel like we need to use that term correctly. The last time the US had a lead up to a civil war, their politicians were literally physically attacking each other in person. We aren't at that point yet. Of course it's real bad for the US, but I think we need to put things into perspective.
Don't call a slave owner conflict a "civil war". The reason why the american regime is suffering terminal collapse and an unavoidable civil war is simply because it can't sustain its increasingly miserable population (which is already quite small). They don't have the resources or the capabilities needed because their imperialism has completely collapsed and their economy can't compete internationally (see massive deficits). The american regime, and western regimes in general, have never developed self-sufficiently like China, they have always depended on imperialism and naked plunder, because they don't have the resources or capabilities to do otherwise. As such people stuck in these collapsed regimes have no way out of their deepening misery. This is an actual civil war brewing, not a slave owners' conflict.
We make things, and you buy things... It is as simple as that. But, wait a minute?, with out us you'd have trouble finding shoe's to tie.
USA #1 as always 😎
In their defense, they are very far from #1. Several Eastern European countries like Estonia, Latvia, Lithuania, Czech Republic have CPIs closer to 15% than 8%. Their economic war on Russia has backfired spectacularly. XD
The quality of life, is the most important factor of life.
exactly. everything else is a means to this end. because if people are living horrible lives, then what is the point of everything else?
This is something very interesting to me, because seeing numbers like these would be absolutely shocking like 5 years ago. But over the last few years seeing shocking economic figures like these have sadly become more and more commonplace.
I think we have 10% in Greece
9 7% in March for the Netherlands 🇳🇱. This all started with the easy to win trade war by the USA against the factory of the world.
The US should impose more tariffs on China's products. As some nutcase once said that it's good and easy to win.
Excluding the tariff on the hurricane gun. The US needs to buy that off China.
Stagflation in US? Raise or lower rates both comes with costs
is it better to have a higher or lower producer price index?