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☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to US News@lemmygrad.mlEnglish · 8 months ago

U.S. economy is experiencing 'death by a thousand cuts', says Deutsche Bank

fortune.com

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U.S. economy is experiencing 'death by a thousand cuts', says Deutsche Bank

fortune.com

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to US News@lemmygrad.mlEnglish · 8 months ago
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7
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fedilink
  • cross-posted to:
  • InflectionPointUSA@lemm.ee
  • usa@midwest.social
  • usa@lemmy.ml
  • HybridWarLost@lemm.ee
Deutsche Bank's Jim Reid says Moody's recent debt downgrade continues a drip of bad fiscal news for the American economic outlook.
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  • Dialectical Idealist@lemmygrad.ml
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    8 months ago

    Lesser known fact: the German economy isn’t doing so hot right now either

    • marl_karx@lemmygrad.ml
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      8 months ago

      which country isnt right now?

      • Dialectical Idealist@lemmygrad.ml
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        8 months ago

        Yeah, I didn’t mean that as a “gotcha”. But I know Germans who are freaking out about their job prospects

        edit: Cool username btw

    • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
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      8 months ago

      In fact, I’d argue it’s doing worse.

    • ShinkanTrain@lemmy.ml
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      8 months ago

      And everyone knows what that means

  • Maeve @lemmygrad.ml
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    8 months ago

    Apparently running state economies like states encourage personal economies to run – by taking on more debt-- is counterproductive to personal and state interests, and extremely productive to the interest of global oligarchs, who are after all, the real rulers.

  • Commiejones@lemmygrad.ml
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    8 months ago

    Counter argument: usa is facing death by one giant imbecile.

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