Message from @Mouse_Cop
Discord ID: 623665594335494154
Chinks? Eh, not so much
Yeah debt can be a great thing if your population is mostly in its 20’s
That’s because they’re just setting up
America is also pretty good because the millineals
(How do you spell the generations name?)
Are pretty young
millenials
Although it’s bad on the other hand because college debt is fucked
The boomers are also investing in the economy
And I bet that’s what China’s older population is doing
Old populations invest
Young ones take loans
That’s a useful thing to keep in mind
lol
'unexpected' recession
ok
lmao
even I knew it was coming and I dunno shit about the economy
the economists are massive fucking boomers, of course it'd be unexpected to them
Economist are always explaining why they’re wrong the last time...
@SPOOKY Phil, Ruler of Heck, that's quite an old article, from January (do the math), and the quarterly data of the last two quarters ___OF LAST YEAR___ were available at the end of each quarter. So, it's no secret, @Snake. Furthermore, it's also the entire Eurozone having this issue, as the U.S. is importing less goods from the EU due to the trade disputes. Finally, the Yuan has continued to drop in price, meaning Europe is now importing more from China, while their surplus production has also further lowered the price of various goods. Ironically, the tariffs we've slapped on China have had the effect of depreciating the price of the Yuan, as any sound economist worth his salt would've told you, meaning the rest of the world will now import more from China as a result, while their exports into the US do not decrease. Thus, Europe will go the way of the U.S. as well, deindustrialized and transitioned into a service-based economy, and you can thank everyone who didn't listen to the "economist" for that. 😂
I'm digging in at the Federal Statistics Office.
Looks like the heavily unionized Germans are just sitting around, slapping their cocks.
Lazy fuckers.
Now, the interesting question is how all of this interacts with demand for the various currencies. Technically, if we import less, there is thus a lower demand for the Euro, which then lowers the price of the Euro, balancing everything back out. So, there shouldn't be *much* of an impact in terms of industrial output exporting to the U.S., but don't tell Dr. Trump of Wharton's School of Business.
This is nail biting stuff because there are loads of points that the British are failing to recognise. Their judicial review has nothing to do with Parliament. This is against the law.
LMAOOOOOOOOOOOOOOOOOO
oof you deleted yours
lmao is that £3
-0.04 😂
He wishes he was a millionaire lol
He wouldn't be sat here all day everyday rotting otherwise lol
1.2mil bro
***flexs***
Sure lol