What AM I MISSING?
Major companies like Microsoft + Google are cutting 20% of their jobs in the USA + there is TOO MUCH INVENTORY because DEMAND IS DROPPING, but the USA is NOT in a recession?
WHAT?
THIS IS ALL ABOUT "TOWING THE LINE" BY THE WHITE HOUSE was OVERRIDES THE MARKETS which is QUITE SIMPLY we're NOT IN OUR RECESSION: just look at THOSE FANTASTIC JOB NUMBERS!
Yes, FANTASTIC, they are!
The U.S. President thinks nothing of LYING because it's a way of life in the USA.
Like back in THE COMMUNIST DAYS, you have to "decode" what is now being said by the White House + those patriots in the financial market place that want TO TALK UP THS USA when it's been on A CONTINUOUS DECLINE decoupling from China + pretty much the rest of the world with its protectionist BUY IN AMERICA POLICY in an attempt to MAGA!
Lying is the way to go - I guess. (Ha! Ha!)
Does TRUTH MATTER for the Americans?
Since the mid-70s, the U.S. Gov't has adopted a policy of MISINFORMATION.
Interestingly, the Chinese + the Russians doN'T lie: they caN'T be bothered because it just causes confusion + too much trouble, but NOT in the USA - it's A WAY OF LIFE. :D
Ken, Toronto, CANADA