If New York or California enter a recession, the entire U.S. economy would be next. So how are they doing? | Metals Mine

  • If New York or California enter a recession, the entire U.S. economy would be next. So how are they doing?

    From morningstar.com

    As two of the biggest states in the country, their economies 'may be canaries in the coal mine,' one economist notes The economies of California and New York could be proverbial canaries in the coal mine. New York and California are struggling economically - and if things get worse in those states, they could take the whole U.S. economy down with them. The two states aren't doing as poorly as the 22 that are currently in recession, according to a recent study by Mark Zandi, chief economist at Moody's Analytics. The implication of Zandi's research is that the national economy would submerge under the waves if either ... (full story)

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LightchaserG
Oct 12, 2025 10:12am
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Blame Trump! he screwed every single American, except the wealthy.
Whoever voted for this moron is crying right now and will go on crying for another 2-3 years from now.
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FakeTimbs
Oct 12, 2025 4:40am
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Nah this is BS, might be the case for NY but I would still doubt. Anyone with half a brain and good money production capabilities left/is leaving California, whoever is left wont be any sort of good indicator for the economy. The money is leaving these states to go to other states, simple as that.
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Trader#72FF
Oct 13, 2025 8:55am
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If only! Unfortunately those folks are either too stupid to realize or completely brainwashed by the cult and will just keep bending over for that orange turd to screw them again and again. These idiots vote against their own interests again and again.
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Trader#A306
Oct 12, 2025 5:05am
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We ARE in recession. Look at the dollar rate and gold price. God bless America!
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