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this post was submitted on 13 Feb 2024
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chapotraphouse
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Probably, but they've also been saying that for three years.
Not that the economy isn't fucked but kinda just proving that if you constantly say "a recession is going to happen anyday" for long enough you're eventually right.
Plus even if there is a major undeniable recession we're gonna keep getting opinion pieces on how actually everything is great if there's a dem president.
They're gonna be right eventually but also I just have zero confidence in economists predicting a recession now. Like a dolphin that predicts superbowl winners by bouncing a ball into a bucket is probably more reliable.
When I was a kid I used to say “turn green” at the light over and over and eventually it turned green and it was clearly because I predicted it
I see it like pointing at a building with a huge crack down the side and saying "that is at risk of falling any day now." You're absolutely right, you're not seeing risk signs where there aren't any, it's just very difficult to predict exactly when the bottom will fall out.
It's real dangerous, for those of us who don't get pensions, to make decisions with your retirement portfolio based on news like this. Things we know will happen don't always happen when we think they will.
IF I PREDICT ENOUGH RECESSIONS EVENTUALLY I WILL BE RIGHT!