The Pomp Letter
The Pomp Letter
Slingshot Economics and The Greatest Economic Contraction In American History
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Slingshot Economics and The Greatest Economic Contraction In American History

To investors,

We are officially living through the largest economic contraction in American history. This morning it was reported that the United States gross domestic product dropped 32.9% in the second quarter. This comes after a reported 5% drop in gross domestic product during Q1.

Now it is important to note that the official 32.9% drop is an annualiz…

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