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I remain unconvinced of a major recession, I think there are a lot of elites out there who are just angry that they now just can't borrow money for free, so the
by deeptote 4y ago
I remain unconvinced of a major recession, I think there are a lot of elites out there who are just angry that they now just can't borrow money for free, so they throw a tantrum.
The fed was consistently raising interest rates from 2016 up to the pandemic, and the u-6 rate was consistently falling, and median weekly earnings rising, all in the same time frame.