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i_have_no_enemies@lemmy.world to Ask Lemmy@lemmy.world · 1 month ago

Is the world heading into recession?

www.bbc.com

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Is the world heading into recession?

www.bbc.com

i_have_no_enemies@lemmy.world to Ask Lemmy@lemmy.world · 1 month ago
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The US president has rattled stock markets but that doesn't automatically lead to an economic downturn.
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  • whodrankarnoldpalmer@startrek.website
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    1 month ago

    At best.

    • InverseParallax@lemmy.world
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      1 month ago

      Seriously, my dude here is being optimistic.

  • Lexam@lemmy.world
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    1 month ago

    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
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      1 month ago

      It’s both.

  • ieatpwns@lemmy.world
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    1 month ago

    We been on the recession train since at least 08

    • i_have_no_enemies@lemmy.worldOP
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      1 month ago

      source?

      how?

      • RememberTheApollo_@lemmy.world
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        1 month ago

        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
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    1 month ago

    Yes, but the question is when?

    • RememberTheApollo_@lemmy.world
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      1 month ago

      Now.

      These are the good old days.

  • Coreidan@lemmy.world
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    1 month ago

    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
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    1 month ago

    Yes it’s the gift the US gave the world. That and a safe education system. Oh wait… 🫠

  • slazer2au@lemmy.world
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    1 month ago

    On a long enough time scale. Yes we are going to have one. When we have it is the more interesting discussion

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