Honest question is this a recession now?

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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.

shareblue got reactivated a few days ago, soon as the primaries finished

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Stop asking dumb questions you schitzo right winger and just pay your rent

Doesn't volatility imply ups as well as downs? I believe so.

Recession? Buckle up for safety motherfuckers! we're entering the great depression 2.0 followed by the great "reset".

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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.

Do you know what a recession is?

Yes.

It's already a global recession.

But there will be a global depression soon.

Hey loose fitting word to describe a slowdown in the economy, not volatility.

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.

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.

It wouldn't surprise me if the financial news changes that standard.

>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.

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.

Inflation plus economic recession is the worst thing for an economy. Inflation can be good, but only when combined with economic growth.

>This is you told me that it's defined by two quarters of lower gdp so it is
Yeah no. It's an opinion.

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.

See what I mean

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>a recession is simply defined as a slowing down of an economy.
Nope, it’s 2 consecutive quarters on negative GDP growth.

recession? lol, yeah, since 2004. we just playing out the string until they admit it's a depression now.

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.

Pretty soon we will all be trillionaires! Yay inflation!

>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.

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.

I'm already seeing places like this pop up in SoCal.

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.

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.