Reuters: S&P Global's U.S. survey painted a similar picture of the world's largest economy, with higher energy prices raising inflation fears amid weaker business sentiment that pointed to weaker private sector employment prospects.
My Opinion: The global economy is headed for a recession, including US, EU, and India. You elected your president, even though you knew he was a criminal, and a failure. You let him make unjust war, first on Venezuela, and then on Iran. Murdering hundreds of civilians and children. US never had moral leadership of the world, and never will. The only thing the US economy has going for it is its tech and AI leadership. So if the people turn against AI, or the AI growth reverses, it is game over.
"Freedom is an illusion"
The president leading the US and world… to recession
byu/truthandfreedom3 ineconomy
Posted by truthandfreedom3
1 Comment
Your comment rings mostly true, however don’t discount the reality of the Pax Americana that held the world order in a state of greater security for many years after the Second World War.
I’m not blind to the negative actions of the US, starting with slavery up to the current moment, but we’ve also been a force for good as well- NATO, world aid, Kosovo, among other actions. We were the only country powerful enough to maintain a peaceful world order. And we’re the only country currently able to fuck it up as much as we are now.