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LiberalArkie

(15,735 posts)
Thu Jul 30, 2020, 11:24 AM Jul 2020

9.0 economy earthquake confirmed just now

Thursday July 30, 2020 · 8:06 AM CDT

I was sleeping and a 4.2 earthquake woke me up at 4:30AM. I live in Los Angeles. So I’ve been watching the news and I just heard about another earthquake;

Q2 GDP: US economy contracted by worst-ever 32.9% in Q2, crushed by coronavirus lockdowns

At 32.9%, the second-quarter annualized contraction marked by far the worst plunge ever recorded, based on Bureau of Economic Analysis data spanning back to 1947. Before the pandemic, the worst GDP print on record was in the first quarter of 1958, when GDP fell 10.0% on an annualized basis.


This is actually worse than I expected when I started scratching my head about an upcoming “economy implosion” months ago.

Snip

https://www.dailykos.com/stories/2020/7/30/1965095/-9-0-economy-earthquake-confirmed-just-now
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9.0 economy earthquake confirmed just now (Original Post) LiberalArkie Jul 2020 OP
Would have been avoided if the government had a policy to test everyone and isolate all those who Doodley Jul 2020 #1
And thus Trump floats delaying the election. Look over there! Dream Girl Jul 2020 #2
All hail the Trump Economy! Sneederbunk Jul 2020 #3
Trump, Eisenhower. marybourg Jul 2020 #4

Doodley

(9,176 posts)
1. Would have been avoided if the government had a policy to test everyone and isolate all those who
Thu Jul 30, 2020, 11:28 AM
Jul 2020

were infected, and initiate a ten-billion dollar public awareness program to wear masks.

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