Analyst compared the American economy to a “drainage tank”

No time to read?
Get a summary

commentator CNN David Goldman said that the US economy cannot avoid a recession due to high inflation and likened it to a “sink”.

Sorry for the harsh words: our economy is probably going to the toilet. “I hope nobody pushes the button on the cistern,” Goldman said.

According to him, the US Federal Reserve has “minimal” ability to reduce or control inflation. Goldman cited declining employment growth, rising energy costs in all states, and a declining housing market. In addition, despite the increase in immigration flows to the United States, there is a labor shortage in the country.

“The question is whether it will be a downpour or a terrible storm. <…> “Economic skeptics imply that we could face a dire situation if we don’t take the right steps to prevent it,” Goldman said.

former columnist for The Hill named myth of the unification of the world around the USA against Russia.

No time to read?
Get a summary
Previous Article

Russian banks publicly talked about the current demand for dollars and euros

Next Article

Politico: US will not relax sanctions on Russia in exchange for grain exports from Ukraine