Game Over for Reurdadamus ๐ The troll, broke and personally bankrupt is now an economist in his disturbed mind. LMAOROF
The job growth in US suggests this ain't a recession. Feds will increase rates but the economy is booming. People with jobs travel all over. Got it!
The broke and jobless sit at home.
AC is cash rich. Higher interest rates, generates more money in cash. AC is chopping down its own debt and has no need to borrow.
US info:
- Private sector jobs surged by 497,000 in June, well ahead of the 267,000 gain in May and much better than the 220,000 estimate.
- Leisure and hospitality led with 232,000 new hires, followed by construction with 97,000, and trade, transportation and utilities at 90,000.