4 ms·

Economists predict around a 50% chance of recession this year which seems a bit more reasonable.

• nostromo 4y ago
  That’s even funnier since the US entered a recession this past summer by the most common definition of the term.
• eastbound 4y ago
  50% seems strangely like “Either there is a recession, either there isn’t, that makes 50%”. No, really, most people have a stake one way or another, and when presented a chance to influence the populace, by making people afraid of losing their jobs and making other CEOs afraid of hiring like crazy, they’ll say the line whether it’s true or false.
• yehAnd 4y ago
  Which came first; a recession or a meme of a recession. This recession is a self fulfilling prophecy intentionally triggered by the Fed at the behest of Congress behind the scenes to curtail the public meta mind technology companies were creating via social media. Don’t stop doing. There’s no reason our agency must be coupled to macro economic views of a coddled minority. The public gifts them their hallucination of being a valuable member of society. We don’t have to coddle their figurative identity.
  • barefoot 4y ago
    I agree that we’re practically in a recession and that our present recession was brought about from congress via the fed. However, that particular chain of events was set in motion in the 1970s with the public mandate set for the FOMC. It wasn’t a recent secretive reaction to tech companies. Do you mind expanding on your statement that the current actions of the fed/congress are a reaction to technology companies?