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0 sats \ 2 replies \ @Undisciplined 14 Apr 2023 \ on: US Retail: Recession Is Here bitcoin
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.
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0 sats \ 1 reply \ @TomK OP 14 Apr 2023
Exactly. You need to take out gov spending of the ecuation to get a real idea of this depression.
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0 sats \ 0 replies \ @Undisciplined 14 Apr 2023
That, and recognize that in a highly inflationary environment real earnings are hard to calculate precisely.
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