this post was submitted on 19 Jul 2023
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Buckle up everyone Inverse Cramer rule is telling us that a recession is incoming fast. Hard landing confirmed. (www.cnbc.com)
submitted 1 year ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml
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[–] ihaveibs@lemmygrad.ml 16 points 1 year ago (2 children)

I mean, haven't we been in a recession for a while that the priests of capitalism refuse to acknowledge even though it meets the definition?

[–] yogthos@lemmygrad.ml 30 points 1 year ago

I think by any reasonable definition US is in a recession now, and they're just playing games avoiding acknowledging this.

[–] Marvelite@lemmygrad.ml 12 points 1 year ago

I thought we changed the definition of recession so the near past didn't qualify? Lol