(August 3, 2018 at 5:42 pm)Jörmungandr Wrote: I'm inclined to worry more about things like PPP GDP per capita and debt to GDP ratios than any bubble in nominal GDP. The fact is that Trump has mortgaged our future to big corporations and a massive debt, as well as pissing away money on military spending. What does GDP growth matter when real wages are stagnant? And while it's not particularly telling, China has now eclipsed the U.S. in GDP PPP per capita.
I'm unable to find a source for the "2.5% GDP is no longer attainable" quote. Would you mind providing a source for these quotes, Neo?
Wear gloves when you get that quote. You know where he pulled it from.
If you get to thinking you’re a person of some influence, try ordering somebody else’s dog around.