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Exactly. You need to take out gov spending of the ecuation to get a real idea of this depression.
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That, and recognize that in a highly inflationary environment real earnings are hard to calculate precisely.
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Exactly. You need to take out gov spending of the ecuation to get a real idea of this depression.
That, and recognize that in a highly inflationary environment real earnings are hard to calculate precisely.
I feel like everyone forgot that the recession started over a year ago and they just changed the definition.
We are three years into a global depression.