GDP and GDI Are Telling Different Stories: Are We Already in a Recession? ft. Peter St Onge

In this video, Peter explores one of the most significant economic debates of the year: Are we currently in a recession? While the focus has been on the wobbly GDP, another indicator, GDI, is raising alarm bells. The U.S. government uses GDP and GDI as the main measures of economic growth, with GDP measuring production and GDI measuring income. However, since the pandemic, these two measures have diverged massively. Furthermore, Peter uncovers the deceptive tactics that policymakers and government statisticians employ to downplay the situation and manipulate data to fuel spending.

Peter St Onge from @Profstonge has granted us permission to upload this video for our audience.
Peter's Twitter: https://twitter.com/profstonge?s=20
Peter's Substack: https://stonge.substack.com/

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DISCLAIMERS/TERMS/RULES:
► I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.

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