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Even if we’re to take this arbitrary definition from this small private organization, the article of this thread states that GDI is the highest and debt is the
by ethn 6y ago
Even if we’re to take this arbitrary definition from this small private organization, the article of this thread states that GDI is the highest and debt is the lowest since 2014. While GDP is 1% from the highest.
Record job numbers were posted in May.
There’s absolutely no evidence that any sector other than the social entertainment sector has been negatively impacted. Even REITs are doing well. Traversing economic damage across sectors is a key ontological definition which the NBER and monetarists agree on. Which is what I mean by systemic.
Most major central banks, including the Fed hold the monetarist parallax of where a recession is endogenous as the other commenter notes—-where all recessions are caused by monetary policy failures.
Indeed the surprising facts of this article are instead predicted by the monetarist, perhaps it’s only the NBER acolytes and Keynesians who are left confused with their certain ontological stubbornness.