Billionaire Investor Palihapitiya: Misleading GDP Components Mask Economic Downturn Billionaire venture capitalist Chamath Palihapitiya claims the US economy is experiencing a “quasi-synthetic recession,” despite a 1.6% GDP rise last quarter. On the All-In Podcast, he suggested that over half of Americans perceive a recession due to potentially misleading GDP components, which include consumer spending, corporate and government expenditures, and exports. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Holds Steady Near $2,300 as Markets Await Crucial Inflation Data READ MORE Chinese Retail Investors Drive Gold Boom on Shanghai Futures Exchange READ MORE Think Tank Expert Recommends Measures to Halt De-Dollarization READ MORE Report: Singapore Positioned to Emerge as Major Global Gold Hub READ MORE "Gold Bullion Con" Targeting Gold Owners READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment