memes

10405 readers

1813 users here now

Community rules

1. Be civil

No trolling, bigotry or other insulting / annoying behaviour

2. No politics

This is non-politics community. For political memes please go to [email protected]

3. No recent reposts

Check for reposts when posting a meme, you can only repost after 1 month

4. No bots

No bots without the express approval of the mods or the admins

5. No Spam/Ads

No advertisements or spam. This is an instance rule and the only way to live.

Sister communities

[email protected] : Star Trek memes, chat and shitposts
[email protected] : Lemmy Shitposts, anything and everything goes.
[email protected] : Linux themed memes
[email protected] : for those who love comic stories.

founded 1 year ago

MODERATORS

[email protected]

1065

What a time to be "ALIVE" (lemmy.world)

submitted 4 months ago by [email protected] to c/[email protected]

102 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 3 points 4 months ago* (last edited 4 months ago) (1 children)

Most of the world is already in an economic recession in the sense that median purchasing power of is dropping fast.
However economist are great at fudging the numbers to show "gdp growth". It true, absolute gdp is rising but it doesn't mean anything if it's evenly distributed.

[–] [email protected] 4 points 4 months ago

yup, just waiting to go past the tipping point where we'll be so poor nobody's going to buy products anymore causing a vicious circle