Hacker News new | ask | show | jobs
by eru 2420 days ago
There has been a slowdown in growth, yes. Google search suggests that we are still expecting 1.9% real GDP growth in the US for 2019. The article you linked some talks about specific sectors and measures shrinking.

Slower growth is still not a contraction. And the US is not the globe.

1 comments

Since the dollar is the world’s reserve currency, if the US goes down, everyone goes down.

There are negative interest rates all over the place; there’s the inverted yield curve, etc.

The US debt just went to a new record of $23 trillion; this won’t end well.