Friday, June 10, 2022

Looming Recession My Sweet Ass

 A Survey Of Corporate Financial Officers Found That 100 Percent Of Them Expect A Recession To Start In The Months Ahead

Looming recession my ass, it's already here.

recession, in economics, a downward trend in the business cycle characterized by a decline in production and employment, which in turn causes the incomes and spending of households to decline. Even though not all households and businesses experience actual declines in income, their expectations about the future become less certain during a recession and cause them to delay making large purchases or investments.

2 comments:

  1. A "recession"? Hell.....we're already in a full blown recession. What's steaming straight towards us is a full blown depression....and probably a total economic collapse.

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    1. I agree with you. I predict immediately after the elections the whole thing is coming down.

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