1 thought on “GDP Shocker: US Economy Grew Only 1.2% In Second Quarter; Q1 Revised To 0.8%”

  1. As explained by the late Richard Douthwaite, the term growth, shown as increases in Gross Domestic Product is merely the perpetual aim of the banking fraternity.
    To have growth, commercial enterprises MUST borrow, which means increasing debt, a perpetual cycle designed to satiate none but the bankers.

    Growth is an illusion, but we are enthralled by its hypnotic dominance to keep our bankers happy.



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