October's durable goods orders in the US revealed a 5.4% dip, exceeding the projected 3.2% decline. Recession is brewing...
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0 sats \ 1 reply \ @ShortSimon 22 Nov 2023
The delayed effects of interest rate rises are going to be impacting over the next year. How can people and companies go on spending with this level of debt and this level of interest rates?
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0 sats \ 0 replies \ @GhostofTruth OP 22 Nov 2023
Lot's can't. That's feeding the brewing deflationary shock that will followed by massive bail-outs of states, banks and social ponzi fonds
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0 sats \ 1 reply \ @Undisciplined 22 Nov 2023
It'll be interesting to see how the holiday shopping figures shake out.
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231 sats \ 0 replies \ @GhostofTruth OP 22 Nov 2023
The clever ones will be using the discount shopping Sats
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