Comments by "Piccalilli Pit" (@piccalillipit9211) on "This Chart "Always" Predicts A Recession (it's happening again)" video.

  1. NEVER UNDERESTIMATE A GOVERNMENT'S ABILITY TO POSTPONE THE INEVITABLE but it is inevitable and this economic bubble is so huge and so wide and so all-encompassing... ... and the fundamentals of the US economy so FAKE [GDP growth is entirely National Debt Increase etc] that when it comes, Im sure it will be a depression bigger than the great one.
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  2.  @amdstrollo3074  OH your country is totally in recession - the entire economy is a conjuring trick by the Govt. A recession is 2 Qtrs of negative growth, well your entire GDP growth for the last 3 years has been just national debt spending. Your REAL GDP growth is negative. Credit card spending on essentials not paid off at the end of the month is 1.8% of GDP - thats not REAL GDP is it??? $0.9 Trillion of GDP is RETURNS to online shopping companies - you see if you spend $100 that is $100 GDP if you THEN return it the shop BUYS IT BAC off you for $100 that is ALSO $100 of GDP = $200 of GDP and ZERO value-added, in fact value destroyed cos they dont resell the goods they dispose of them. The ENTIRE GDP of Switzerland is entirely fake in the US on returns to online shopping companies. I can go on for hours - this is kinda my job. This is why the Dems lost - they looked at the fake figures and said "WE ARE DOING AMAZING...!" and every real person living a real life said "We are DEEP in recession:" But I agree with your 2nd part - the rich are so rich they are distorting the numbers
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  3. "Only retail sales are rising but it means nothing as crédit card default are skyrocketing" $0.9 Trillion in the US retail sector is fake GDP from people returning items. It counts twice as you buy it and then the shop buys it back - but NO value was added Thats an economy the size of Switzerland that is totally fake in the US. Not 1 cent of tax paid or wages paid on it. $450 billion purchased, $450 billion refunded
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