william the wie
Gold Member
- Nov 18, 2009
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The Blue Wall has been in more or less official negative GDP since late September/early October with a mini meltdown going on in Blue state real estate but in its early stages, low in state retail sales Nov/Dec and Jan. 1st they got hit by increased SALT and then an interest rate hike sent the blue wall muni interest rates through the roof. If they don't hit positive real growth by the end of this month if they were separate country then they would be in an official recession.
This problem may explain some of the bug nuts crazy stuff being posted by even the more moderate leftists on the board. The US as a whole has experienced 3-5% real growth during the same time period. The dichotomy is, in my opinion, is a result of reduced Federal regulation making State and Local regulation a bigger factor in where to live, work and invest.
As mentioned in previous threads I thought Trump was inverting the Chinese growth model but I didn't think it would be anywhere near this fast in striking. What is your opinion?
shockedcanadian , MarathonMike
This problem may explain some of the bug nuts crazy stuff being posted by even the more moderate leftists on the board. The US as a whole has experienced 3-5% real growth during the same time period. The dichotomy is, in my opinion, is a result of reduced Federal regulation making State and Local regulation a bigger factor in where to live, work and invest.
As mentioned in previous threads I thought Trump was inverting the Chinese growth model but I didn't think it would be anywhere near this fast in striking. What is your opinion?
shockedcanadian , MarathonMike