Some recent graphs from the Alan Kohler Report... a short financial report on week days on the ABC here in Australia...
View attachment 120266
View attachment 120267
Not sure how much DOGE can squeeze out of the Federal service. As a comparison, Australia's Federal government has been hovering around 23-25% of our GDP.
View attachment 120268
From my understanding the prediction is ~2.6% growth in the American economy... so the -2.4% drag won't result in a recession, but it looks to be a real weakening in the economy.
I like Alan... usually have some interesting things to show. And always with a smile... especially when he says "And noone knows why!"