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Just to throw in another opinion, one that I think will be guaranteed to annoy the majority of commenters so far: This piece argues that the US isn't doing that well economically in absolute or historical terms, but only looks like that way because the popular point of comparison, Europe, is doing even worse:

https://thenextrecession.wordpress.com/2024/12/04/us-economy...



Isn't that the general understanding? As I understand it, everyone was expecting the world to fall into a recession on the heels of the COVID situation and everything that came with that. Which much of the rest of the world effectively has (or at least close to it), as expected. The surprise is that the US is still doing okay.


But Japan is also doing not great, right?




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