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This article reeks of bullshit.
“Brusuelas described a powerful but uneven recovery driven by automation, high-income consumption, and AI-related capital spending.”
The AI bubble is going to pop. Just ask Salesforce how all those layoffs worked out for them. And even Henry Ford knew you couldn’t run an economy where the middle classes couldn’t afford to buy your product.
We’re in the throes of stagflation, but no one in the media will talk about it.
It will be interesting to see what the Christmas sales numbers are this year (if the government actually allows anyone to release data).
This article reeks of bullshit.
don’t even need to read it to tell that.
it’s from Newsweek. they’re just as bad as Forbes or other “capitalist positive” sources.