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Thread: GDP fell 5 percent in first quarter, more than first estimated

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    Default GDP fell 5 percent in first quarter, more than first estimated

    The second quarter, which ends in June, is expected to see a far sharper decline, which some estimates have put as high as an annualized 40 percent.

    All in all, the economy is still expected to shrink between 5 and 6 percent for the year with expectations that double-digit unemployment will continue into 2021.

    https://www.msn.com/en-us/money/mark...ed/ar-BB14IbOw
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    WAIT UNTIL NEXT QUARTER...GET YOUR CRYING RAGS OUT....
    TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..


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    Quote Originally Posted by guno View Post
    The second quarter, which ends in June, is expected to see a far sharper decline, which some estimates have put as high as an annualized 40 percent.

    All in all, the economy is still expected to shrink between 5 and 6 percent for the year with expectations that double-digit unemployment will continue into 2021.

    https://www.msn.com/en-us/money/mark...ed/ar-BB14IbOw
    It's unfortunate TrumpCo. did not aggressivly plan and prepare for this pandemic like South Korea did

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