I agree with Ray. The US economy is a tremendous piece of work. We still have what the world wants / needs.
We have more surplus food in the USA than any other country. 3rd largest exporter of rice? USA. Pork, wheat, corn, soybean…you name it, we have it.
The US workforce is right up there with Japan and Germany. Yes, i know, i’ll be slaughtered for saying that, but i believe in it. After working in the Phillpines, Thailand, China, Europe etc. The education level and the ‘can do’ attitude is top notch, when coupled with the individual problem sovling and responsibility to duty the USA is second to none.
The economy will hit some bumps, possible recession, but it wont die. Not a chance.
However, interest rates are headed higher, and, housing prices will continue to drop.
