Economic Collapse

Increasing Global Economic Collapse and Distress of Nations: The U.S. economy turned in its worst performance in more than a decade. Down almost five (5) percent.

The nation’s gross domestic product – the value of all goods and services produced in the U.S. – fell nearly 4.8% in the first quarter of 2020 as consumer spending tumbled. It marked the first drop in output since early 2014 and the steepest since late 2008 during the depths of the Great Recession.

Categories: Economic Collapse

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