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Turns out that recent economic history shows that there's direct correlation between the number of articles promising a soft landing and a severe economic downturn. (lemmygrad.ml)

submitted 9 months ago* (last edited 9 months ago) by [email protected] to c/[email protected]

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source https://www.bloomberg.com/news/newsletters/2023-10-02/global-economy-latest-bloomberg-economics-expects-a-recession

archived https://archive.ph/uVMEE

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[–] [email protected] 15 points 9 months ago* (last edited 9 months ago) (1 children)

Americans on average are poorer than they were during the Great Depression. The only reason this awful economy is not considered a depression is because of capitalist propaganda. It's all just being held up by "vibes."

[–] [email protected] 13 points 9 months ago

I mean wealth disparity is worse than right before the french revolution, and working conditions are also worse,

I guess what I am saying is the heads of the rich should roll, and their blood should water the feilds