GDP growth slowed to a 1.6% rate in the first quarter, well below expectations

And that’s the brutally prettied-up rate. We have accumulated decades worth of cooking the books and the damage goes very deep. A true accounting of the state of the economy of most countries will make many of them collapse immediately. I am not sure if the full truth is ever possible because there will be strife and sometimes even war. The world has printed ungodly amounts of money to pay for the woke and the green bling. Those expenses never produced any benefit so they are all a full loss. The true balance sheet must look like the leftovers of a nuclear exchange. Stop looking at the fake figures. Get busy preparing for much worse. 

GDP growth slowed to a 1.6% rate in the first quarter, well below expectations

Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.

CNBC

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