Everyone who said the sky is falling. Someone would be right eventually. Personally I don’t think it had to happen or any analyst was correct, none of them could point to a specific cause beforehand so they’ll just retcon their guesses to say they were right. There were some sectors that were definitely due for a correction, like housing in the US, but the whole thing didn’t have to topple. It just took a complete fool in office to start thrashing about with brainless economic and geopolitical policies to push us toward a wide spanning recession.
12 Comments
whodrankarnoldpalmer@startrek.website · 25 pts · 1y
At best.
InverseParallax@lemmy.world · 7 pts · 1y
Seriously, my dude here is being optimistic.
Lexam@lemmy.world · 13 pts · 1y
No, no, no, no. It's not a recession. Don't worry about that. It's something much worse. It's a coup.
sunbrrnslapper@lemmy.world · 8 pts · 1y
It's both.
ieatpwns@lemmy.world · 9 pts · 1y
We been on the recession train since at least 08
i_have_no_enemies@lemmy.world · 1 pts · 1y
source?
how?
RememberTheApollo_@lemmy.world · 3 pts · 1y
Everyone who said the sky is falling. Someone would be right eventually. Personally I don’t think it had to happen or any analyst was correct, none of them could point to a specific cause beforehand so they’ll just retcon their guesses to say they were right. There were some sectors that were definitely due for a correction, like housing in the US, but the whole thing didn’t have to topple. It just took a complete fool in office to start thrashing about with brainless economic and geopolitical policies to push us toward a wide spanning recession.
rheanne9295@lemmy.world · 5 pts · 1y
Yes, but the question is when?
RememberTheApollo_@lemmy.world · 1 pts · 1y
Now.
These are the good old days.
Coreidan@lemmy.world · 4 pts · 1y
Nope. We will just redefine the word again before ever getting to that point.
However if you want to go by the original definition then we’ve already been in a recession for awhile now.
mannycalavera@feddit.uk · 3 pts · 1y
Yes it's the gift the US gave the world. That and a safe education system. Oh wait.... 🫠
slazer2au@lemmy.world · -3 pts · 1y
On a long enough time scale. Yes we are going to have one. When we have it is the more interesting discussion