According to CNBC (no surprise there) the US is an economic growth engine that will leave the rest of the world in the dust. Why?
That’s right…..Apple is the future of American Economic growth. The only reason the US is perceived to be doing better than most other economies is due to it’s leading role in this worldwide Ponzi Finance scheme. And no amount ingenuity from Apple nor the release of its iPhone 17S will help us avoid the final collapse.
The reality is a little bit different. The reason you see the US outperforming a lot of the “growth economies” is because the US has become a lagging indicator….a safe heaven of sorts. Now, it’s just a matter of time before the US follows the rest of them down the steep path of recession, economic contraction and capital market declines.