Comments by "Xiphoid Process" (@xiphoid2011) on "Is The US Economy Breaking Down? @visualeconomiken" video.

  1. The FED is doing the right thing. Driving the inflation down while the unemployment is still very low. Remember that the world's unemployment is 5.2%, so America is basically at full employment. As an Asian American who immigrated here, there are too much "fat" in the job market. Too many unproductive and lazy people who should be fired, are employed because the labor shortage. Too many businesses that are wasteful are still in business because too many Americans reliving beyond their means. With an non-stop bull run since 2008 (COVID shock doesn't count), there needs to be a recession to set American economy straight, make people work harder, companies more efficient.
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