cyrano@lemmy.dbzer0.com to Europe@feddit.orgEnglish · edit-21 month agoUS stocks shed $5.4tn in two days as Trump’s tariffs stoke recession fearswww.ft.comexternal-linkmessage-square27linkfedilinkarrow-up1174arrow-down12file-textcross-posted to: BoycottUnitedStates@europe.pubusa@midwest.social
arrow-up1172arrow-down1external-linkUS stocks shed $5.4tn in two days as Trump’s tariffs stoke recession fearswww.ft.comcyrano@lemmy.dbzer0.com to Europe@feddit.orgEnglish · edit-21 month agomessage-square27linkfedilinkfile-textcross-posted to: BoycottUnitedStates@europe.pubusa@midwest.social
minus-squareNojustice@lemmy.mllinkfedilinkEnglisharrow-up7·1 month agoI’m so tired of hearing “recession fears”. We’ve been getting ass fucked since COVID. I don’t see how that’s not a recession.
minus-squareMrMakabar@slrpnk.netlinkfedilinkEnglisharrow-up6·1 month agoThe economy is growing, but the wealth of the rich is growing faster. That obviously means the poor get poorer…
minus-squarecyrano@lemmy.dbzer0.comOPlinkfedilinkEnglisharrow-up3·1 month agoAnd the gfc, and the post covid pre recession preparation. Agreed. 👍
minus-squareLowtierComputer@lemmy.worldlinkfedilinkEnglisharrow-up1·1 month agoBut the millionaires and billionaires made so much money!!;
minus-squareshalafi@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down1·1 month ago two consecutive quarters of negative GDP growth is a common rule of thumb That can be a blip, or turn into major shit. But feels don’t count here. The definition is prolonged economic downturn.
I’m so tired of hearing “recession fears”. We’ve been getting ass fucked since COVID. I don’t see how that’s not a recession.
The economy is growing, but the wealth of the rich is growing faster. That obviously means the poor get poorer…
And the gfc, and the post covid pre recession preparation. Agreed. 👍
But the millionaires and billionaires made so much money!!;
That can be a blip, or turn into major shit. But feels don’t count here. The definition is prolonged economic downturn.