America is heading for a recession – and it may be the worst yet

https://thehill.com/opinion/finance/5814974-middle-class-decline-permanent-crisis/

Comments

25 points · 5 comments · view on lemmy.world

5 Comments

greawogh@midwest.social · 5 pts · 160d

What is the term for a recession inside a depression because I don't remembered ever leaving the last ones

HeroicBillyBishop@lemmy.ca · 3 pts · 160d

You mean "Depression", only this one will be deeper and longer then the first, out of which a new "America" will emerge

Once the post fracturing / civil war chaos has subsided

JeeBaiChow@lemmy.world · 2 pts · 160d

Good. The collective stupidity of the public, the state of their govt and the consequenses both have on the rest of the world needs to face a reckoning in the hardest way possible. The rest of them, like the rest of the globe, are just fallout.

AlecSadler@lemmy.dbzer0.com · 1 pts · 160d

Good

Paragone@lemmy.world · 0 pts · 160d

Once the dictatorship is instantiated, that "pulls the pins out of" the economy, & it'll be Depression, not Recession.

Which will force Trump's Civil War Part2 to happen more-gradually than he'd want.

that is a Good Thing.

( also for the many countries throughout the Americas region that he'll be waging war on, too )

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