You are overlooking very important variables. We are energy independent. Our dollar is fueled by Petrol prices. Demand is not going away in the US. Price of oil can drop and not impact our employment as bad. Trade has many deals and timing to stimulate various industries. The value of the dollar can drop with a strong economy. It does not take a depression to switch. That's like Obama saying our GDP would never grow more than 1%. We've been fed lies.
Futures are still in the tank and the fed can’t cut rates any further after this? What other course of action will there be?
QE
Negative interest?
Then we become Greece
Nope.
Gold standard
It will take a Depression to get there
You are overlooking very important variables. We are energy independent. Our dollar is fueled by Petrol prices. Demand is not going away in the US. Price of oil can drop and not impact our employment as bad. Trade has many deals and timing to stimulate various industries. The value of the dollar can drop with a strong economy. It does not take a depression to switch. That's like Obama saying our GDP would never grow more than 1%. We've been fed lies.