Houston, We Have A Problem. Corporate Profit Growth Has No Limit

https://abc13.com/houston-we-have-a-problem-weve-had-remember-when-history/1869513/ Introduction US Corporate profits grew from $1.9 Trillion(T) on an annual basis in the second quarter of 2019 before the pandemic to $3.0T in the second quarter of 2022; plus $1.1T (+57%)!!! US nominal gross domestic product (GDP) grew by 17%, from $21.3T to $24.9T, an increase of $3.6T. Real, inflation-adjusted, GDP grew by … Continue reading Houston, We Have A Problem. Corporate Profit Growth Has No Limit