Recessionistas were right!
Discussion
Maybe, but probably not.
I don’t think it will be bad enough to be declared an official recession, but it could be disappointing enough to drag down risk assets and bitcoin for a while.
Lawrence lepard has been saying this for a while. Looks like he may be right. Looking forward to your discussion soon.
They were never going to emergency print into a “thriving” economy. Had to take a clear dump somehow to enable the action we all knew had to come. Everyone destroying the existing system is looking for plausible deniability.
First principles thinking…but from an empathy standpoint.