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How the U.S. Economy Just Lost 33% of its Value Analytics Table
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This video was made possible by our Patreon community! β€οΈ See new videos early, participate in exclusive Q&As, and more! β‘οΈ https://www.patreon.com/EconomicsExplained βββββββββββββββββββββββββ Last Thursday on the 30th of July 2020, the U.S. Bureau of Economic Analysis released its 2nd quarter Gross Domestic Product report. The report noted a 32.9% contraction in annual GDP growth in the months of April, May, and June. For reference, the 2008 subprime mortgage crisis of 2008 saw an 8% drop in annualized GDP figures at its peak. βββββββββββββββββββββββββ #recession #stocks #economics Enjoyed the video? Comment below! π¬ β Subscribe to Economics Explained π https://bit.ly/sub2ee β Enjoyed? Hit the like button! π Q&A Streams on EEII (2nd channel) β https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g βοΈ Business Enquiries β [email protected] Follow EE on social media: Twitter π¦ β https://twitter.com/EconomicsEx Facebook β https://www.facebook.com/EconomicsEx Instagram β https://www.instagram.com/economicsexplainedoffical/ βββββββββββββββββββββββββ EE Fan Exclusive Offer: Sign-up for Acorns! π https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) βββββββββββββββββββββββββ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY ππ Support EE by becoming a Patron today! π https://www.patreon.com/EconomicsExplained The video youβre watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, TadeΓ‘Ε‘ UrsΓny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas
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