A goods recession has been on for a while because the supply shock of the pandemic lead to greedflation and consumers getting less and switching to cheaper bran

A goods recession has been on for a while because the supply shock of the pandemic lead to greedflation and consumers getting less and switching to cheaper brands or just forgoing purchases. And all the layoffs basically put people in a state where they have less and spend less because they expect the recession to get worse for them. And that further pulls the rest of the economy into a recession. Its almost like if you have no consumers, you have no business...