Is the world heading into recession?
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At best.
Seriously, my dude here is being optimistic.
No, no, no, no. It's not a recession. Don't worry about that. It's something much worse. It's a coup.
It's both.
We been on the recession train since at least 08
source?
how?
Everyone who said the sky is falling. Someone would be right eventually. Personally I don’t think it had to happen or any analyst was correct, none of them could point to a specific cause beforehand so they’ll just retcon their guesses to say they were right. There were some sectors that were definitely due for a correction, like housing in the US, but the whole thing didn’t have to topple. It just took a complete fool in office to start thrashing about with brainless economic and geopolitical policies to push us toward a wide spanning recession.
Yes, but the question is when?
Now.
These are the good old days.
Nope. We will just redefine the word again before ever getting to that point.
However if you want to go by the original definition then we’ve already been in a recession for awhile now.
Yes it's the gift the US gave the world. That and a safe education system. Oh wait.... 🫠
On a long enough time scale. Yes we are going to have one. When we have it is the more interesting discussion