Morphine Prince 109,645 Posted June 27, 2025 Share Posted June 27, 2025 The U.S. economy shrank faster than previously thought during the first three months of 2025, with growth contracting for the first time in three years. The country's gross domestic product fell at an annual rate of 0.5% from January through March, the Commerce Department reported Thursday in its third and final GDP report for the period. The agency's initial first-quarter GDP report, issued in April, estimated a 0.3% decline, which was later revised to a 0.2% dip in its second print. Read more: https://www.cbsnews.com/news/gdp-report-first-quarter-2025-declined-commerce-department/?ftag=CNM-00-10aab7e&linkId=834908726 Link to post Share on other sites More sharing options...
InTheCloset 21,752 Posted June 27, 2025 Share Posted June 27, 2025 CbS nEwS iS a LiE #RaidTheCloset Link to post Share on other sites More sharing options...
Lucas 31,086 Posted June 27, 2025 Share Posted June 27, 2025 Crazy... will this make the dollar lose even more value? I was shook to see that EURUSD increased from like 1.04 when Trump came into office to 1.1732 now Forgive me if my maths is wrong but that's almost a 17% drop in value for USD? Link to post Share on other sites More sharing options...
Lord Mayhem 3,414 Posted June 27, 2025 Share Posted June 27, 2025 The decay of the US dollar... But is anyone surprised?...People have been cutting back due to the increasing cost of living, gas, food, vacations, concerts, etc This Black Friday might see a boom since people will most likely try to buy larger purchases they've been delaying to get Link to post Share on other sites More sharing options...
Murakami27 8,426 Posted June 27, 2025 Share Posted June 27, 2025 Why would Biden do this! Link to post Share on other sites More sharing options...
Flareon Voyager 379 Posted June 27, 2025 Share Posted June 27, 2025 Yasssss Link to post Share on other sites More sharing options...
bionic 50,111 Posted June 27, 2025 Share Posted June 27, 2025 why would kamala do this if she loves america so much??? Link to post Share on other sites More sharing options...
Lucas 31,086 Posted June 27, 2025 Share Posted June 27, 2025 30 minutes ago, bionic said: why would kamala do this if she loves america so much??? The fact that I wouldn't be surprised for a second if I saw MAGA saying that is crazy If Trump k worded their son or daughter they'd blame their son or daughter and praise Trump Link to post Share on other sites More sharing options...
Purrrrrr 18,075 Posted June 27, 2025 Share Posted June 27, 2025 shrinks more than trumps tiny peen Link to post Share on other sites More sharing options...
Lord Mayhem 3,414 Posted June 27, 2025 Share Posted June 27, 2025 3 hours ago, Murakami27 said: Why would Biden do this! Because Obama made him his VP Link to post Share on other sites More sharing options...
SharkmanthaC 115,027 Posted June 28, 2025 Share Posted June 28, 2025 This wasn’t unexpected. she/her/hers Link to post Share on other sites More sharing options...
AsleepOnTheCeiling 6,939 Posted June 28, 2025 Share Posted June 28, 2025 Cut interest rates? Link to post Share on other sites More sharing options...
Emvee 8,825 Posted June 28, 2025 Share Posted June 28, 2025 Not only have people been boycotting and/or saving their money- they’re actively deporting innocent people who otherwise would be spending their lives consuming products and services in this country. There’s a 99.9% that any given country’s fascist leader is an idiot who surrounds themselves with yesmen. And then there’s the tariff inflation and purchasing power of the dollar. All signals point to Americans having a significantly worse life because of Trumps policies. Link to post Share on other sites More sharing options...
Emvee 8,825 Posted June 28, 2025 Share Posted June 28, 2025 1 minute ago, AsleepOnTheCeiling said: Cut interest rates? Does the word inflation mean anything to you? We’re not out of the woods yet especially considering there’s no indication that tariffs won’t cause a recession at the same time. They literally just ceased negotiations with Canada today. We have no idea where that will end up or that the USMCA will hold up. Link to post Share on other sites More sharing options...
banjosnap 368 Posted June 28, 2025 Share Posted June 28, 2025 2 hours ago, Emvee said: Does the word inflation mean anything to you? We’re not out of the woods yet especially considering there’s no indication that tariffs won’t cause a recession at the same time. They literally just ceased negotiations with Canada today. We have no idea where that will end up or that the USMCA will hold up. Bombing iran & the subsequent oil situation may force the Fed's hand & they'll have to cut interest rates. Or, you know, let America get what they voted for. Link to post Share on other sites More sharing options...
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