US Economy: That '3% Growth' Masking Zombie Markets
Oh, I'm sorry, did I miss the part where a 3% annual GDP growth meant everything's sunshine and rainbows? Because the housing market's in 'recession,' with prices dipping for three months straight, and 'pending sales dropped 2.8% year-over-year.' Job prospects for six-figure earners have 'fallen to their worst levels since before the pandemic,' while corporate debt defaults skyrocketed to $27 billion in one quarter alone. According to Neil Dutta, 'The truth is many recent buyers assumed they'd refinance into lower rates by now.' Spoiler: they havenāt. It's like a beauty pageant with a zombie makeover.
Share the Story
(1 of 3)GDP growing 3%? Meanwhile, houses are on ice, jobs are slow dance partners, and rich folks canāt pay their debts. So yes, the American economy is basically that overconfident evil twin who shows up to your party drunk and leaves your wallet missing.
Watching the economy clap back with 3% GDP growth while house prices slide and bankruptcies spike is like applauding a sinking Titanic because the bandās still playing.
If the US economy were a date, itād say 'Iām great!' while sneaking out the bathroom window to drown a houseplant and ghost its job prospects.
Source: Businessinsider | Published: 7/31/2025 | Author: Jennifer Sor
More Articles in Business
Microsoft Finally Lets Windows 11 Fans Stop Pretending to Use ViVeTool
Epstein Survivors Declare 'Done' While Melania Passes the Buck Faster Than a Baton
VP Vance Heads to Pakistan to Broker Peace, Backed by Kushner and Trumpās Threats
Florida Man Sues Uber Over IRS Tax Scam He Didnāt Even Apply For
Entrepreneurs Swear By Hulkens, Because Carrying Packages in Style is a Hustle
Walmart Cuts H-1B Visa Applications by Half, Still Outselling Visa Restrictions
Bobbi Brown Got Fired, Didn't Cry, Just Launched Another Empire
Texas Company Turns Man Camps Into Mansion Camps for AI Construction Bros
