The global US economy is still expected to grow by about 4% in 2022

Trading Discussion
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This year will be dominated by efforts to fight inflation along with climate change, while global economic growth will be reasonably strong and stock markets weak, according to an economic forecaster.

The world starts the year with economies held back by a supply chain crisis and the rapid spread of the Omicron coronavirus variant, but the global economy is still expected to grow by about 4% in 2022, compared with an estimated 5.1% in 2021, according to the Centre for Economics and Business Research (CEBR), a UK thinktank.

Douglas McWilliams, the founder and executive deputy chairman of the CEBR, said the group had been forecasting 6.7% growth for the UK in 2021 but reduced it to 6.6% after a weak December. “We estimate £3bn or so of lost GDP from people staying at home and not spending, plus the impact of the restrictions in Wales and Scotland.” Similarly, the 2021 forecast for global growth was cut by 0.1 percentage points to 5.1%.

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External Debt in the United States has increased to TWENTY THREE TRILLION US DOLLARS, which is IMPOSSIBLE to repay.

this is similar to a minimum wage worker at mcdonalds that owes five million dollars in debt, he is never going to be able to repay this debt.

there is no such thing as the united states economy making a strong economy. the united states is almost twenty five trillion dollars in debt. the only thing to look forward to is a complete meltdown and crash of our stock markets. when the markets crash, everybody will want to sell and there will be no buyers, which means that your stocks will immediately become worthless.

facebook stock alone has a market capitalization of $900 billion, which will mean that those stockholders will lose $900 billion in a single day.

all brokerage accounts(both regulated and non-regulated) will immediately stop processing withdrawl requests and paper currency will be worthless.

https://tradingeconomics.com/united-states/external-debt
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Hmmm. :thinking: Tbh, given the circumstances and restrictions of the past year, I’m impressed that economies have somehow recovered. :thinking: We’ll just have to wait and see if this keeps up in 2022. :smiley: