Newly reported data suggests that economic growth is slowing while inflation remains stubbornly high. Very possible Biden will be overseeing stagflationary scenario: ca.finance.yahoo.com/news/q1-us-gdp…
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@MazMHussain I would take some issue with this as the fed targets 2% inflation we are close to 3% which isn't "stubbornly high." its around historical avg. Real GDP growth is 2.7%. That's not real stagflation. The economy has been really good last 4 years.
@MazMHussain Blinken posted a video on X of himself talking during his stay in China's Shanghai. The comments went somehow "off the course," as a considerable amounts of them were focusing on the fancy, futuristic background.
@MazMHussain This is not stagflation.