Capable standing on its feet AND APPARENTLY SOONER THAN WHAT YOU THINK.
"WOW?"
Through a pickup in consumer spending and investment.
“Hiring has been remarkably stable for the most part and there’s no reason to suspect that won’t continue,” said Brian Jones, a senior U.S. economist at Societe Generale in New York. “Economic growth is going to accelerate in the second half. Everybody is penciling in a tapering by the Fed in September.”
Everybody is penciling in a tapering by Fed except, of course, the goldbugs, the inventors of fable-economics.