Conversation

What defines a recession? "The general definition of a recession is GDP falling for two consecutive quarters. But relative to people's lives, it's not so much about aggregate… it's real pain showing up meaningfully in day-to-day ways," says.
Replying to and
thats just a textbook definition. In my humble opinion, weve been in a recession since march 2020. we just had a wealth transfer in equities and growing disparity in income. with democats in office, fighting inflation takes precedent over equities & i expect 50bps hikes contd
Show additional replies, including those that may contain offensive content
Show