Looking at the New York Stock Exchange's three

-Looking at the New York Stock Exchange's three major indexes plummeting in a row, this is hard to analyze simply by the Fed's "basis rate cut or recession" and is the result of the bursting bubble in the U.S. economy-

Given that the New York Stock Exchange's three major indexes have plummeted for two days these days, this is difficult to interpret simply as the Fed's "basis rate cut or recession."

Not only the stock market, but the dollar is also plummeting.

I believe that the "American bubble economy" is bursting, and that this will continue, especially after the US presidential election.

However, on July 25, 2024, the U.S. Department of Commerce said that the U.S. GDP growth rate in the second quarter of 2024 grew at an annualized rate of 2.8% compared to the previous quarter.

After seeing these news, economists made comments such as the solid U.S. economy.

It was only 7-8 days ago, and the U.S. stock market plunged due to the economic downturn from August 1, 2024.

It's an incoherent story.

Therefore, I believe that there is something fake growth in the 2.8% economic growth rate in the second quarter of 2024 in the United States.

When an economic recession occurs in economics, the economic growth rate refers to "negative growth," that is, economic growth falls into negative territory.

Let's give one example.

The "Buffett Indicator" was created in 2001 by Warren Buffett, an investment genius, which serves as a criterion for judging whether the U.S. stock market is overvalued or undervalued.

The Buffett index refers to "a country's total market cap divided by its gross domestic product (GDP).

In other words, it can be expressed in the following way.

It can be expressed as "R (Buffet Index) = Market cap/GDP",

"R<50%", "Significantly Undervalued",

"50%<R<75%", "Modestly Undervalued",

75%<R<90%", Fair Valued",
"90%<R<115%",

"Modestly Overvalued",

"115%<R" is "Significantly Overvalued".

However, on July 9, 2024 (local time), the Buffett Index stood at 196.20, the highest since the 1980s.

In short, shares in the U.S. stock market are now "remarkably overvalued in seconds."

So it's no wonder that this bubble bursts at any time.

What we're going to analyze here is the GDP of the United States.

In short, if the US GDP is large, the Buffett index does not grow this much.

In short, since the US GDP is actually falling into the "negative realm," the Buffett index appears large.

In other words, the stock price of the U.S. stock market also contains a large bubble, but the Buffett index is large because the U.S. GDP is falling significantly.

For your information, the Long-Term Budget Outlook: 2024 to 2054 (long-term budget projections from 2024 to 2054) of the CBO released in March 2024 is as follows.

For example, the U.S. fiscal deficit increases to "-6.2 percent" of GDP in 2023, "-5.6 percent" in 2024, "-6.1 percent" in 2034, "-7.3 percent" in 2044 and "-8.5 percent" in 2054.

In short, because the United States has no money, it makes a living by issuing government bonds every month.

The same goes for May 2024, for example.

In May 2024 alone, the U.S. Treasury Department is seeking government spending through an auction of "$3.30 billion (about W456 trillion) in government bonds for "six" cases.

But the problem here is that May, June, and this continues until 2054.

And the U.S. Treasury tries to minimize the yield on government bonds, but if there is no buyer on government bonds, the U.S. Treasury has no choice but to sell them at a high yield on government bonds.

And now there are no institutions that buy U.S. government bonds.

The reason is that neither China nor Japan can afford to buy U.S. government bonds.

So now Hedge funds are united, or Americans are buying U.S. government bonds.

And this fiscal deficit increases national debt due to the issuance of government bonds, and interest on these national debt increases to "3.1%" of GDP in 2024, "3.9%" in 2034, "5.0%" in 2044, and "6.3%" in 2054.

In response, "STATISTA" released the U.S. "average monthly interest rate on total U.S. national debt from May 2019 to May 2024" in June 2024.

"STATISTA" FIXED U.S. debt at "$34.62 trillion" FOR APRIL 2024.

And the average monthly interest rate for this was found to be "3.27%".

Then the U.S. is now paying $1.132 trillion (about 1,567 trillion won) in monthly interest.

But on Aug. 1, 2024 (Reuters) - U.S. sovereign debt finally topped $35 trillion.

This is the first time in seven months that U.S. sovereign debt is increasing by "$1 trillion".

Therefore, the U.S. "real GDP" is "2.5%" in 2023, "1.8%" in 2024, "1.8%" in 2034, "1.6%" in 2044, and "1.6%" in 2054 (see attached data).

In other words, the "Congressional Budget Office (CBO)" also sees the U.S. real GDP in 2024 at "1.8%, which suddenly popped out "2.8%.

In other words, real GDP in the U.S. is forecasting low growth of 1.6 to 1.8% over the next 30 years