☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 12 days agoMore than half of US industries are already shedding workers, a 'telling' sign that's accompanied past recessions, top economist saysfortune.comexternal-linkmessage-square15linkfedilinkarrow-up174arrow-down10
arrow-up174arrow-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 · 12 days agomessage-square15linkfedilink
minus-squareBodyBySisyphus [he/him]@hexbear.netlinkfedilinkEnglisharrow-up18·12 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.
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.
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