And of course ZIRP was pioneered in Japan, not the US.
[1] https://fairvote.org/defining-the-spoiler-effect/ [2] https://electionlab.mit.edu/research/instant-runoff-voting
Let’s also not forget, that the economy’s growth depends significantly on a few mega corps, which is not healthy. And those companies are likely overvalued. Berkshire Hathaway dumped Apple shares, Amazon lowered its guidance, and Nvidia - and AI as a whole - is now clearly known to be overhyped. If you remove these companies, what do you have? A stagnant economy with inflation that isn’t under control, reduced employment, and ballooning public debt. Clearly this isn’t a good situation, but America is lucky to have a strong currency and low exposure to global unrest.
I think your latter point that half the population wants the economy to crash for political gain is potentially true but it is equally true that the other half wants to pretend the country is doing well in every single way so Harris will have another talking point. So I am not sure why it is relevant.
But yes, strictly you are right - this isn’t a correction at all.
source: https://www.schwab.com/learn/story/market-correction-what-do....
If we're considering contiguous US, then no.
Europe is 3.93 million square miles.
Contiguous US is 3.15 million square miles.
I booked a flight with them last night, and it’s scheduled to fly on one.
I would also be very careful and not conflate metric and SI systems. There are all sorts whacky metric systems (although most of them historical) that are not nearly as clean as SI. And even SI historically has been messier than its today.
(are the values reasonable? well, human-scale capacitors and resistors seem pretty heavily skewed away from the center of the scale…)