Posts Tagged ‘u.s. economic growth’
According to revised data from the Commerce Department, the American economy grew by only 2.2 percent in Q4 of 2014, significantly lower than the earlier reported figure of 2.6 percent, which caught analysts off-guard. The corrected GDP growth figure for Q4 is a sharp drop from the reported 5 percent growth in Q3, throwing a wet blanket over claims made earlier by the Obama administration that the U.S. economy was set for strong, consistent growth.
Typical with poor economic data emanating from Washington, the analysts and pundits are already doing their spin routine, claiming that the disappointing economic data for Q4 of last year was merely a temporary speed bump. The prediction of annual GDP growth in excess of 3 percent in 2015 for the American economy is being forecasted by many observers.
But what about the undeniably very bad economic news coming from the Eurozone and Russia, and the slowdown in China and Brazil? As the U.S. economy is not a island, it seems unreasonably optimistic to believe that the proliferation of bad economic news from abroad will not impact the United States negatively.
If Hillary Clinton runs for President of the United States in 2016, see the video about the book that warned back in 2008 what a second Clinton presidency would mean for the USA:
CLICK ON IMAGE TO VIEW VIDEO
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Hillary Clinton Nude
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An economy does not have to be in technical recession in order for it to be mired in economic crisis. That is what the latest GDP figures from the U.S. commerce department reveal about the American economy. In Q2 of 2012 the U.S. economy grew at an anemic 1.5 percent, according to the latest data just released by the Commerce Department. This represents stall speed, a level of growth so low, particularly in the context of massive government deficits and unprecedented monetary easing by the Federal Reserve, it is a future indicator of a looming recession.
More than a trillion dollars in borrowed money, representing a third of all government expenditures, can at best produce a level of artificially induced growth that is so contracted, it represents a fraction of annual government borrowing- which in itself is merely future demand pushed back into the current fiscal year. Just as a plane that loses momentum will enter a stall, leading to a downward tailspin, it seems that the U.S. economy is close to experiencing the same phenomenon.
WALLSTREET KILLS-A CHILLING NOVEL ABOUT WALL STREET GREED GONE MAD
To view the YouTube video overview of “Wall Street Kills,” click image below:
On Wall Street, a secretive group of investors
plan on making the ultimate snuff movie (a snuff movie is an erotic film in which one of the performers is murdered in front of the camera). Their goal: massive financial returns on their investment. Their
plan: kidnap a female celebrity and have her tortured and killed before a live Internet audience. Wall Street greed, financial power, the Federal Reserve and corrupt politics come together in the explosive thriller by Sheldon Filger, “Wall Street Kills.”
