https://www.apolloacademy.com/wp-content/uploads/2025/04/042625-ConsumerandFirms_v2.pdf (see page 4 for a summary of the timeline + expectation)
#USPol #USEconomy #recession #GreatRecession
Since “there is…no appetite in Washington to tackle the ($36 trillion) debt,” the wealthy are tying themselves in knots to figure out—
get this—
Not how to get out of debt (per se) but how to shift the debt inward—
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#USA #USEconomy #economics #USdebt
“Forget the Mar-a-Lago Accord” —
To help the US get out of its “explosive debt,” a Deutsche Bank strategist introduces the ‘Pennsylvania plan’
US Economy Flashing Warning Signs—
with the services sector showing signs of stagnation~
Services make up ~”more than 2/3 of overall US economic activity,” yet seem to get little attention from the Trump Admin, which is highly focused on the production of goods.
The data from The Institute for Supply Management coincides with the BLS’s revised jobs report (which #trump fired the BLS commissioner over).
/1🧵
#USA #USeconomy #economics
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* https://fredblog.stlouisfed.org/2024/07/the-rise-of-services-in-the-us-economy/
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https://www.bloomberg.com/news/articles/2025-08-05/us-service-activity-nearly-stagnates-as-employment-contracts