4 ms·

I still remember when Inverted yield curve was enough to predict recession. Good times.

• deleted 2y ago
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• esafak 2y ago
  I remember when the GOP was the free trade party, and you had to look mercantilism up in the history books because it was dead. President McKinley, from the 1890s, is one of Trump's economic role models. https://fortune.com/2025/03/10/trump-william-mckinley-tariffs-gilded-age/ https://fortune.com/2025/03/10/trump-william-mckinley-tariff... I wonder how pre-MAGA GOP'ers are reconciling this new reality with their existing beliefs.
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• bryanlarsen 2y ago
  I remember when we had skilled helmsman that steered the US away from recession despite all the indicators like inverted yield curve screaming recession.
  • eunos 2y ago
    Probably I'm wrong but if you can do stimulus ad infinitum there won't be recession, but you'll have inflation.
    • bryanlarsen 2y ago
      Yet it was that same administration that brought inflation back down to its targeted level.