Fucking do it already. We’ve been hearing “impending recession” for the last decade.
Oh it’s here, but the economists most news agencies talk to only look at rich people metrics like stock prices and meaningless poor people metrics like unemplyment %.
We are the canary in the coal mine and they’re determined to mine everything of value while we die and before they have to leave.
MIT Professor Paul Samuelson’s famous quip, “the stock market has predicted nine out of the last five recessions”
Inverted yield curve has predicted every previous recession and it’s as inverted as it was before the 1980s recession. Now people are simply saying it’s no longer reliable. 🥴
Hey Trump’s think tank said the same thing yesterday!
But The Telegraph is a highly respected news source, isn’t it?
The Daily Telegraph is politically conservative and has endorsed the Conservative Party at every UK general election since 1945.[48][49] The personal links between the paper’s editors and the leadership of the Conservative Party, along with the paper’s generally right-wing stance and influence over Conservative activists, have led the paper commonly to be referred to, especially in Private Eye, as the Torygraph.[48]
Oh.