Consumption is the biggest part of GDP growth and it is linked to credit cost ( going up ) and availability ( going down )
Exports ( commodities ) the next one- these are dropping in price.
How can we not have a recession here on technical terms ?
I like to be open minded but I cant see it unless they jump in again soon.
Maybe labor demand is stronger than ever and this prevents higher unemployment ?
Consumption is the biggest part of GDP growth and it is linked...
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