Economists pour cold water on recession talk after Canada’s economy stalls in Q1
Three of the last 4 quarters have posted negative growth. That has been the agreed upon definition for a recession for decades.
https://www.ctvnews.ca/business/article/canada-slips-into-technical-recession-as-economy-stalls-in-q1-statcan/Open linkView original on lemmy.ca
Who cares if it's qualified as a recession on macro basis or not? Our economy is already going K-shape so a big chunk of people have been experiencing a recession for a while.
i don't really care about the economy anymore. let's get everyone fed
Start by lowering food prices. Quit spending money we don't have which drives up inflation.
If we rejig/torture the numbers, we can make anything say anything.
-Econonists