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Haha.
this post was submitted on 17 Oct 2023
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There was a recession earlier this year but the media didn't want to report on it.
2 consecutive quarters with negative GDP growth is a recession. There's been like 2 or 3 since 2020.
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(5 replies)
I don't think people realize that a recession is always a 2008 scenario. There was a recession in the early 1980s that didn't hit hard and only lasted around 6 months.
Due to high interest rates, oil fears, and the housing market that scenario is more likely to reoccure than 2008.