☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 6 days agoMore than half of US industries are already shedding workers, a 'telling' sign that's accompanied past recessions, top economist saysfortune.comexternal-linkmessage-square16linkfedilinkarrow-up173arrow-down10
arrow-up173arrow-down1external-linkMore than half of US industries are already shedding workers, a 'telling' sign that's accompanied past recessions, top economist saysfortune.com☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 6 days agomessage-square16linkfedilink
minus-squareshallot [they/them, she/her]@hexbear.netlinkfedilinkEnglisharrow-up51·6 days ago markets are conflating recession with stagflation It’s only a recession if it comes from the recession region of France, what we’re seeing here is just sparkling stagflation
minus-squareBodyBySisyphus [he/him]@hexbear.netlinkfedilinkEnglisharrow-up17·5 days agoThere are qualitative differences because definitionally a feature of a recession is deflation due to a drop in demand. Stagflation is a “not enough people have run out of savings and available credit yet” recession.
minus-square☂️-@lemmy.mllinkfedilinkEnglisharrow-up4·4 days agolets just keep expanding credit then, problem solved.
minus-squareFedPosterman5000 [none/use name]@hexbear.netlinkfedilinkEnglisharrow-up8·5 days agoGonna start referring to deer growing as “stagflation”
minus-squareFedPosterman5000 [none/use name]@hexbear.netlinkfedilinkEnglisharrow-up4·4 days agoBring me the breastplate stretcher I’m about to staaaaaaaagflaaaaaaaate!
minus-squarePolandIsAStateOfMind@lemmygrad.mllinkfedilinkEnglisharrow-up5·edit-24 days agoGODS I AM STILL STRONG explodes
It’s only a recession if it comes from the recession region of France, what we’re seeing here is just sparkling stagflation
There are qualitative differences because definitionally a feature of a recession is deflation due to a drop in demand. Stagflation is a “not enough people have run out of savings and available credit yet” recession.
lets just keep expanding credit then, problem solved.
Gonna start referring to deer growing as “stagflation”
Bring me the breastplate stretcher I’m about to staaaaaaaagflaaaaaaaate!
GODS I AM STILL STRONG explodes