US economic growth slowed down by 1.3% in Q4, 2015
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New figures released by the Federal Reserve show US economic growth slowed down to point-seven percent in the last quarter of 2015. It is a sharp fall from a two-percent rate posted for the third quarter. Reduced consumer spending, business cutbacks in investments and global economic problems have been blamed for the slow rate. Sliding oil prices, doubts about China’s economic health as well as falls in global stock markets have also fuelled jitters in the US. The Fed has already issued a cautious assessment of the economy and left interest rates unchanged. American economists have predicted a modest growth of around two percent for 20-16 and warned about a recession this year. Guest: Mark Thornton Senior Fellow, Ludwig von Mises Institute Watch Live: http://www.presstv.ir/live.html Twitter: http://twitter.com/PressTV LiveLeak: http://www.liveleak.com/c/PressTV Facebook: http://www.facebook.com/PRESSTV Google+: http://plus.google.com/+VideosPTV Instagram: http://instagram.com/presstvchannel SoundCloud: https://soundcloud.com/videosptv
Comments
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The government has no check book so how can their be economic growth? All of the federal taxes are sent to Britain and the Vatican. Its all a big lie. Press TV, you need to get your shit together and help the masses not confuse them...wake up or your going to start losing your viewers.
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US Economic Growth in 4th Quarter 2015 slows . This trend is corresponding to what Vedic astrology writer had predicted about 19 months ago in monumental article – “ Stressful times ahead for world economy in 2015 and 2016” – published on 2 June 2014 in online magazine (blog)astrologyweekly.com. Briefly speaking , it was predicted that a major cause of concern may arise in November 2015 to July 2016 , covering such countries or regions whose name begins with letter “U” amid other factors, oil and gas as well. It was further emphasized : “ Thus a major concern may surface in first half of 2016”. The sum and substance of these predictions obviously is that US economy growth may slow down in the last quarter (Q4 – 2015) which fact may come to light ( surface) in early 2016 was the prediction. This looks to have come precisely accurate.
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They just pick a number every week and it has absolutely no relation to the economy. The number is supposed to make their citizens think US is great "the indispensible nation" , all that crap. None of it is even real. Its just a number on the keyboard and a byte in the system - not reality on the ground. China is doing fine - this guy should try going there instead of talking lies from US.
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they think a slowdown in China of 6.9% is more serious than a recession/negative growth. Look at their voters, failure of education at its best.
Oil prices dropped, so China bought more in volume, but they count in dollars, "No, the bought less in dollar amount !". Go ask Russia, Saudi Arabia, Iran if China is buying less.
"Phoney investment" hahahahhaha! Man, when people are in denial it is really funny.
I have two cars in my garage I'm not driving, what a waste! They are ghost cars. I'm having a car bubble in my house! hahahaha! -
This is an outright lie. There is NO growth.
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Realistic numbers are more like 20% This is a lie
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