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Honest question is this a recession now?
Andrew Carter
Adam Reed
I don't think anyone actually wants to call is a recession since the moment a Republican takes over the presidency it would be over. This will likely be over in a few months anyway and at new highs because of inflation. Inflation is good for the market in longer term.
But yeah basically no one is going to call it a recession because they know it's just a volatility, which means massive rallies could happen starting next week or something.
Tyler Fisher
shareblue got reactivated a few days ago, soon as the primaries finished
Chase Perez
Asher Campbell
Stop asking dumb questions you schitzo right winger and just pay your rent
Cooper Powell
Doesn't volatility imply ups as well as downs? I believe so.
Easton Mitchell
Recession? Buckle up for safety motherfuckers! we're entering the great depression 2.0 followed by the great "reset".
Levi Clark
Well that's what I mean. It's already been down so it could go just as much up in a split second over that gay ass Ukraine war being resolved or something. Or maybe China coming off lockdowns. All of a sudden we are at new highs. Everyone knows that's possible so no one is willing to call this recession then look like a fool.
Samuel Turner
Do you know what a recession is?
Benjamin Jones
Yes.
It's already a global recession.
But there will be a global depression soon.
Aaron Collins
Hey loose fitting word to describe a slowdown in the economy, not volatility.
Michael Thompson
If we get 2 consecutive quarters of negative GDP growth we'll officially be in a recession. Q1 2022 was negative and Q2 is predicted to be negative as well.
Nathan Robinson
pssshh that will not happen in the US like it will over in europe, it's shocking you guys have clung on to prosperity as long as you have.
Dominic Smith
It wouldn't surprise me if the financial news changes that standard.
Jordan Ortiz
>loose fitting word
its two quarters of negative economic growth. That is what it is. Just like you will never be a woman, the economy cannot identify as being something it is not. No matter how many partisans say it can.
Carter Brown
Then maybe the standard for some meaningless Jewish organizational standard. But a recession is simply defined as a slowing down of an economy. Higher up the scale than any depression which is closer to economic collapse. It's an opinion.
Cooper Hernandez
Inflation plus economic recession is the worst thing for an economy. Inflation can be good, but only when combined with economic growth.
Nicholas Thompson
>This is you told me that it's defined by two quarters of lower gdp so it is
Yeah no. It's an opinion.
Jayden Morales
Well yeah it's very bad for the short term. For the long-term it's very good. Inflation is why we are able to support trillion dollar market caps whereas no such thing could possibly be fathomed 100 years ago. So as soon as economic activity picks back up, the inflation will act as a route for new all time highs.
John Diaz
See what I mean
Jordan Gray
>a recession is simply defined as a slowing down of an economy.
Nope, it’s 2 consecutive quarters on negative GDP growth.
Owen Edwards
recession? lol, yeah, since 2004. we just playing out the string until they admit it's a depression now.
Ian Campbell
You are assuming economic activity will pick back up. There are no good indicators that this will happen. I’m predicting 1970s style stagflation but on a much longer timeline.
Asher Williams
Pretty soon we will all be trillionaires! Yay inflation!
Jace Martin
>Nope, it’s 2 consecutive quarters on negative GDP growth
I'm not really interested in what Jews told you about it. Countries and organizations have all sorts of different definitions where they will start calling and economy recessional. I'm really not interested in which jew organization you are picking.
John Kelly
All that would need to happen is for the Ukrainian bullshit to end, China to come off lockdowns, and rare earth supply chain getting back to normal. These things are all pretty much inevitable.
Jose Martinez
I'm already seeing places like this pop up in SoCal.
Brandon White
It’s not inevitable. In fact, with every passing day the world inches closer to WW3. At best this conflict resolves before the end of the year and we end up with a Cold War II, but the enemy side has all the cheap energy and rare minerals. So inflation and economic depression continues in the West for a very long time.
Michael Scott
Well you can place that bet but I think we've been through this many times before. Every single time we have something like this happen, people come out of the woodwork to say this is the big one. It never is. I doubt it will be this time either. Probability is in my favor. So that's where my money goes.
Besides, if this is the major collapse then having money won't matter so much anymore anyway.