Turns out that recent economic history shows that there's direct correlation between the number of articles promising a soft landing and a severe economic downturn. (lemmygrad.ml)

submitted 1 year ago* (last edited 1 year ago) by yogthos@lemmygrad.ml to c/us_news@lemmygrad.ml

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source https://www.bloomberg.com/news/newsletters/2023-10-02/global-economy-latest-bloomberg-economics-expects-a-recession

archived https://archive.ph/uVMEE

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[-] ComradePupIvy@lemmygrad.ml 44 points 1 year ago

I mean its bold to say we are not currently in a recession at the moment

[-] Beat_da_Rich@lemmygrad.ml 15 points 1 year ago* (last edited 1 year ago)

Americans on average are poorer than they were during the Great Depression. The only reason this awful economy is not considered a depression is because of capitalist propaganda. It's all just being held up by "vibes."

[-] ComradePupIvy@lemmygrad.ml 13 points 1 year ago

I mean wealth disparity is worse than right before the french revolution, and working conditions are also worse,

I guess what I am saying is the heads of the rich should roll, and their blood should water the feilds

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this post was submitted on 14 Feb 2024

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