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It's not a matter of which economy is stronger than the other ....

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champ2003

12,639 Posts.

29/11/15

13:09

Post #: 16503729
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Originally posted by champ2003 ↑

This is the thing. The US is definitely in decline. The reason that housing sales increased is because people probably realise that they sell now while they can afford it before interest rates rise lol if interest rates rise at all???

The slowdown effects from China and European countries are yet to filter through but that will occur within the next month when caos will hit.

US economic indicators are pointing down but they are still in denial (for now).

It's all about the dodgy inaccurate jobs report for the US at the moment but that will soon turn out to be a useless indicator in showing how strong the US economy is.

Consumer spending is down in the US. Now if all of those people are really employed with good jobs then why is consumer spending down???

The US is about to have the biggest squeeze it's had in decades.

Be prepared.

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It's not a matter of which economy is stronger than the other . It's obvious that China is. It's a case that the US economy is in bad shape and that China and the global economy is in decline which leads to a further decline in the US economy. Now if they raise rates it's game over!

Cheers!
2 Upvote

0 Great analysis

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