[sgbuffett]

[cityhantam]

Biden says 'economy in good shape'   despite GDP hit | Direct From Washington, DC

[Rubitin]

Life is tough after follow all the rules to be a good boy, only to face the real world of crappies..

[revealer]

During the 2007/08 recession, the US depends a lot on imported oil and not many boilers are running on natural gas. Today, they are the largest oil producer in the World and also they have cheap natural gas less than USD7/= per mmBTU which is 4 times cheaper than the Russian/Europe/Asia natural gas. Even if they have a recession this time, it will be much unlike those days in 2007/08.

[kokee]

dont know this know nut moron suddenly spam many US economy issue, he must be dump all his money into alibaba & china shit, now panic, real brainless, this rubbish forum can never influence any market or any view, just to throw his anger & he will lose all if he invest in china stocks.

simple, look at USD index today, then unemployment rate of US today almost reach recent year low today with GDP down.
GDP down 1.4% compared to last quarter, almost up 7%, that is why fatty xi panic, as almost never before in last 20-30 yrs, US GDP surpass china yet china rubbish GDP number, all know BS.

US stock market down but compared to the world, they are still 1 of the best compared to HK & china stock almost end in worst3 market in the world today. Unemployment in china surge to sky, if they dare to give the truth number easily >30% & US jobless rate today at best.

[revealer]

[ArielCasper]

During the 2007/08 recession,  the US depends a lot on imported oil and not many boilers are running on natural gas.  Today,  they are the largest oil producer in the World and also they have cheap natural gas less than USD7/= per mmBTU which is 4 times cheaper than the Russian/Europe/Asia natural gas.  Even if they have a recession this time,  it will be much unlike those days in 2007/08.

Can US natural gas be 4 times cheaper than Russia?? I doubt so..