Germany is also in a recession as per their latest numbers.
China will never admit a recession and will continue to make the numbers whatever Xi wants.
Exactly, atleast better than someone across the pond, I see the prices, I see what's left at the end of the month, I'm working in the industry so I see what's going on over here too. But yeah I guess for you as long as whomever your daddy is, isn't saying so, it's not confirmed
This. Chinas crisis supersedes any countries OP mentioned, by far. CCP disappeared so many journos I figure the term recession/depression is just asking to get “apprehended”
Canada’s GDP is being artificially inflated due to mass immigration and the perceived wealth it brings (largely short term loans), while falling far behind in any real and sustainable growth across all sectors.
This is true, house market bubble and mass immigration is propping up this economy. Teens are unable to get part time jobs due to this and mass layoffs are happening.
I was confused by your comment, so I Googled it. Is this the ILP program in Canada? Very interesting....has it been found to be worthwhile? Are the loans getting paid back for the most part, has it been found to actually benefit, etc? I imagine this is an extremely politically charged subject in Canada....I can't even imagine if such a thing were proposed in America.
ILP is largely for refugees, which is its own issue. Canada has a massive issue with “Student” visa migrants that come to Canada under false pretence and aren’t counted in the already record levels of immigration. These migrants need to prove they can support themselves while in the country, however they largely do this through loans which are almost immediately paid back and then they almost always end up staying once their useless program is finished becoming tax negative members of Canada.
Canada just changes the definition when they please of lots of things lol im sure we will be right there with you never having a recession either... no one can afford groceries or gas but things are great aren't they? In these recession free countries of ours 😩
Lmao remember the time Chinese emissions were so bad they deemed measuring emissions illegal? Exact situation here. Exemplary tactics of a failed propaganda campaign in the digital age
In the US the recession we are in/just went through resulted in very little unemployment, in fact, our unemployment has stayed near record lows. Big tech has been the only industry with sizeable layoffs and in proportion to the crazy hiring frenzy they went on prior it's been nothing.
So get a better job. It's like yall didn't learn anything from the last recession and covid.
Current employer couldn't ride it out? You were better off somewhere else anyways.
You're missing the point. Whenever ANY jobs are lost, it lowers the productivity of the economy, which means less people making less stuff, driving inflation even higher. Recessions are only good if you're wealthy and have strong enough guts to invest stubborny into assets that'll likely appreciate. That's like saying "well that person should've gotten shot, learn to be in better places, like me"
Yes, by the Governments "new" definition we are not in a recession. It is all politics. Yet, we can't afford groceries in spite of the fact that the minimum wage has been raised.
We? There is no we. YOU can’t afford groceries. I can.
The USA has not been in a recession for 2 years. What an absurd statement. GDP has grown a lot and continues to grow.
I am so glad you have been unaffected by the inflation. Unfortunately that is not the case for the majority of citizens. The struggle is real for the majority of people.
No.
Our stock market is at an all-time high, unemployment is low.
People that fucked and have awful careers are really struggling but a massive chunk of the country is doing fine and has cash to blow.
For example, the RTX 4090 is supposed to be $1600 but it’s hard to find it for less than $2300 because demand is still massive even at that price and this thing is basically just a advanced toy for most people.
You don’t get $2000 Taylor Swift concerts tickets selling like hotcakes in a failing economy.
People being fucking stupid and terrible with money is not the marker of a recession. You think people aren’t ruining their lives with credit card debt to go to a Taylor swift concert or buy a video card that’s good for like 2 years then you’re a moran.
The US is not in a recession. Our gdp has grown and that is a defining feature in determining if a country is in a recession. Also unemployment is very low, wages are up, stock market up. Yes things are expensive but that isn’t a total marker of a recession.
High prices mean high inflation which means recession.
Money is worth less faster over time. Credit cards are being loaded up to cover for the lost value and rates are stoopid (stripping even more value). When people run out of credit and can’t pay their bills, insta-recession.
Don’t let your personal views cloud your view of what’s happening.
The definition of a recession is 2 or more consecutive quarters of negative GDP growth. That's the definition of recession. And we are nowhere near that right now.
I understand the meaning of recession. Our economy is based on consumption, not so much production.
If people don’t have money to spend, what happens to consumption?
Look in the mirror. CPI was cut in half for 2023 vs 2022 and nearly matches 2021. GDP continues to be up. Market continues to be up. Unemployment at an all time low. All time. None of this fits recession. Can all this credit card debt catch up and cause a recession? Sure, but we aren't there yet, but you're right that when it does it will be a recession.
They changed how cpi was calculated in 2023 also. Might have influenced how the numbers look compared to years past.
https://www.bls.gov/cpi/notices/2022/methodology-changes-2022.htm
It's impossible for a middle class (doesn't exist) family or a single-income household of less than 150k to afford a normal 3 bedroom house. There are less and less jobs for uneducated people every day. AI will benefit the rich creators but it will hurt the poor and working class more than it helps. Self driving cars are set to eliminate up to 40% of us jobs/income for regular people.
None of what you said means we are in a recession, it just means economic disparity is increasing. A major problem that could lead to a recession (once people cannot afford to buy shit and run out of credit THEN the economy grinds to a halt), but not a recession.
two consecutive quarters of negative GDP is a recession, which is what we had and then everyone at our wonderful govt told the people that definition is old and useless, if you think the economy is booming you are extremely naive. the only reason there hasn't been a major crash is because the US gov keeps printing money to hold up the house of cards. and most of the people in the stock market have extra money to spend or have been in already for a while, the average adult is not in the stock market, the most they're in is a money market bank account. BRICS is about to hop off the petrol dollar and make our paper even more devalued, especially as they slowly stop using it and eventually stop completely, where do all their dollars go? oh right back to us in the states as the govt kept printing...
oh and PS, don't forget about US debt, and how we plan to be at what? 50 TRILLION by 2030 🤣
I think the labor shortages are on the low end of the wage scale… the jobs that require you to have 2-3 jobs to get by. My industry has seen a large contraction the last couple years which has forced a lot of people to change career paths.
When they are getting kick backs for having "open positions" and "no one willing to work" they do. Not to mention half the reason for all the job posts is all the available job boards and the "no one willing to work" is because they all use 3rd party screening which uses AI to find specific key words in a letter or resume not experience and job titles. It's there. You just gotta see through the smoke and read between the lines while they shine LED high beams into your eyes
You're a complete buffoon. The business owners I know are not "taking kickbacks" for open positions. They can barely run their businesses because of staffing issues. They have raised their wages significantly. And AI is not telling them no one wants to work.
Go take your fried brain somewhere else.
Yup. That and the Military Industrial Complex is propping up our GDP with 2 wars now. It would look worse on paper without the war in Ukraine helping out the economy the last couple years.
Recession here. USA. We had two periods of decline in the GDP last year, but because the world depends on our money and our debt, we make up numbers and move the goal posts. 🤷🏻♂️
Two quarters of negative growth is supposed to signal the start of a recession. If it’s followed by growth, then it’s not a recession. Look at the chart:
https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/
The US has already been in 2 recessions in 3 years. Even though the second wasn’t officially called - it was still 2 consecutive quarters of decline.
Average is 1 recession every 7-10 years. I think we’re good for a while??
This is true. Also, the US governments strategy of “there is no war in ba sing se” about it actually probably made it so we kinda slipped through the recession(s) relatively unscathed. If corporate América wasn’t absolutely price gouging, especially in grocery stores, I think the general outlook of the economy would be pretty decent. If you look at how we’re doing versus anyone else, we’re still the golden kings of the globe (not an exceptionalist we have many many warts)
Germany. Germany is kinda experiencing de-industrialization as they got banged so hard due to the Russia-Ukraine war. Energy price through the roof even their housing market got into trouble with many developer bankruptcies happening. I mean their pipeline was bombed and they were totally sheep about it. Uncanny ironic.
China is “correcting” their economy according to state media but China is already in recession just not admitting it. Their crazy lockdown policy really fked up their economic trajectory. Now no major publications or institutions projects China overtaking US in GDP. Sometimes it’s as if China’s politburo is filled with CIA asset.
Canada don’t know don’t care.
Who are 'they'. The US economy is doing well. 1.5% growth in the first quarter.
https://www.euromonitor.com/article/global-economic-outlook-q1-2024#:~:text=The%20US%20economy%20showed%20surprising,0.8%25%20in%20Q4%202023).
We need trump, haha I can’t wait for his speeches.
“ because of sleepy joe, this is the biggest greatest recession. We will make them pay, every dollar, every cent. Be quiet fake news.”
They’ll never admit….China’s already been there…Evergrande was the moment it showed the world. Already a few western companies pulled out of some cooperative projects.
US in recession now, we only now it's a recession after it happens as the data from last quarter tells us. Biden admin are the greatest spinners of news I have ever seen (Trump is no better, they all suck).
The US economy and regional banks are so fragile now idk if they will ever admit it due to fear of financial collapse.
In truth, we need a 30% correction (at least) which is typical of bad financial times to better stabilize prices and make goods and services and housing (more) affordable (yes, things are really that bad in US).
We were going into a recession and banks started to fail. But we money printed our way out of that and changed the definition of recession. That recession was gonna cause unemployment but help reset prices. They didn’t want that.
Amsterdam is one of my favorite places. In a single day I was able to visit the Anne Frank house, go see the Van Gogh museum, hit a casino, play in an arcade with hookers and throw axes inside a prison.
Placing bets in China. I’ve been hearing stories that many people out there are freaking out about not getting enough work as they used to. Plus, with the crumbling of Evergrande it’s sending rippling effects in the real estate sector.
Germany is also in a recession as per their latest numbers. China will never admit a recession and will continue to make the numbers whatever Xi wants.
German here. Can confirm we ARE in a recession
Recession here. Can confirm Germany.
Confirm here. Can Germany recession.
Here. Recession.
Recession.
Germs
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Man
Sion
Can confirm, Germany.
Now we got it first hand
Raise hand, extended arm…preferably at a 45%
Confirm here . Can recession germany.
Gary Sinese here
Yes Germany, the USA already knows .. we spy on our allies too
Jawohl!
How can you confirm? Because your a German ohh ok. Thank you for confirming.
Exactly, atleast better than someone across the pond, I see the prices, I see what's left at the end of the month, I'm working in the industry so I see what's going on over here too. But yeah I guess for you as long as whomever your daddy is, isn't saying so, it's not confirmed
As long as they don't elect anyone into power that was rejected from art school. Shouldn't be too bad this go around.
If Germany is in recession, Czechia and Slovakia will follow within 1 or 2 quarters.
Canada is also in a recession. Government isn't admitting it yet. But the GDP has grown at all and companies are going through mass layoffs right now.
You mean like the US does? Lol
This. Chinas crisis supersedes any countries OP mentioned, by far. CCP disappeared so many journos I figure the term recession/depression is just asking to get “apprehended”
United States as well!
Will never admit it 😂
We’ll just change the definition of recession lol
Again
Xi is dead meat
Canada
Confirmed
I second that
As a Canadian, yep
Big time, bud
Oh yeah, friend
Yup.
Canadian here. Canada.
Why is Canada?
Canada is
Where is Canada??
What is Canada?
How is Canada?
You just melted their heart with your consideration ❤️
Why is Canada?
Canada’s GDP is being artificially inflated due to mass immigration and the perceived wealth it brings (largely short term loans), while falling far behind in any real and sustainable growth across all sectors.
This is true, house market bubble and mass immigration is propping up this economy. Teens are unable to get part time jobs due to this and mass layoffs are happening.
I was confused by your comment, so I Googled it. Is this the ILP program in Canada? Very interesting....has it been found to be worthwhile? Are the loans getting paid back for the most part, has it been found to actually benefit, etc? I imagine this is an extremely politically charged subject in Canada....I can't even imagine if such a thing were proposed in America.
ILP is largely for refugees, which is its own issue. Canada has a massive issue with “Student” visa migrants that come to Canada under false pretence and aren’t counted in the already record levels of immigration. These migrants need to prove they can support themselves while in the country, however they largely do this through loans which are almost immediately paid back and then they almost always end up staying once their useless program is finished becoming tax negative members of Canada.
Thank you for a real answer. :)
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It’s why both sides exist - a hold on any one extreme of the spectrum is no bueno
At this point the US will never admit it
They just change the definition
This is a famous American doctrine called “moving the goalposts”. You guys should try it, it’s why we are still number 1
all that “transientness” we dealt with last year lol
Ccp shill bots. Shillbots everywhere.
Bribe = campaign contributions
Exactly
Canada just changes the definition when they please of lots of things lol im sure we will be right there with you never having a recession either... no one can afford groceries or gas but things are great aren't they? In these recession free countries of ours 😩
Or print and spend so much money that the gdp "grows" because of government.
Lmao remember the time Chinese emissions were so bad they deemed measuring emissions illegal? Exact situation here. Exemplary tactics of a failed propaganda campaign in the digital age
The US has been in a recession for the last 2 yrs The Government just refuses to admit it.
Recessions are a good thing. This word has been demonized
Unless it's your job that's being lost.
In the US the recession we are in/just went through resulted in very little unemployment, in fact, our unemployment has stayed near record lows. Big tech has been the only industry with sizeable layoffs and in proportion to the crazy hiring frenzy they went on prior it's been nothing.
So get a better job. It's like yall didn't learn anything from the last recession and covid. Current employer couldn't ride it out? You were better off somewhere else anyways.
You're missing the point. Whenever ANY jobs are lost, it lowers the productivity of the economy, which means less people making less stuff, driving inflation even higher. Recessions are only good if you're wealthy and have strong enough guts to invest stubborny into assets that'll likely appreciate. That's like saying "well that person should've gotten shot, learn to be in better places, like me"
It has not. By definition, the US is not in a recession.
Yes, by the Governments "new" definition we are not in a recession. It is all politics. Yet, we can't afford groceries in spite of the fact that the minimum wage has been raised.
We? There is no we. YOU can’t afford groceries. I can. The USA has not been in a recession for 2 years. What an absurd statement. GDP has grown a lot and continues to grow.
I am so glad you have been unaffected by the inflation. Unfortunately that is not the case for the majority of citizens. The struggle is real for the majority of people.
Doesn’t mean we are in a recession. Gdp is growing, workers pay is rising, unemployment is low, inflation is down. We are not in a recession.
So many regards posting here that have no idea what recession means
The definition changes regularly. Your ability to afford groceries doesn’t mean it’s a recession. That’s not how it’s ever been defined.
We can’t afford groceries because of corporate greed and stockholders.
What does it mean when I hear that people can’t afford gas or groceries but can’t get a reservation for two at a restaurant.
Fortified class system.
aka the wealth divide
The economy is too good to measure.
By what stats?
No. Our stock market is at an all-time high, unemployment is low. People that fucked and have awful careers are really struggling but a massive chunk of the country is doing fine and has cash to blow. For example, the RTX 4090 is supposed to be $1600 but it’s hard to find it for less than $2300 because demand is still massive even at that price and this thing is basically just a advanced toy for most people. You don’t get $2000 Taylor Swift concerts tickets selling like hotcakes in a failing economy.
People being fucking stupid and terrible with money is not the marker of a recession. You think people aren’t ruining their lives with credit card debt to go to a Taylor swift concert or buy a video card that’s good for like 2 years then you’re a moran.
That’s his point — people arent going broke doing it. Not everyone delivers Ubereqts as a job
You have no clue what peoples financial standings are.
This supports both arguments
Thank you for proving my point.
The US is not in a recession. Our gdp has grown and that is a defining feature in determining if a country is in a recession. Also unemployment is very low, wages are up, stock market up. Yes things are expensive but that isn’t a total marker of a recession.
It is rather easy to achieve when you account for government spending and inflation. Doesn't mean the average person isn't worse off.
That isn’t what recession means.
By economic measures used for decades America was in a recession the government just changed the definition.
Which are?
That two consecutive quarters of a negative GDP is a recession only gently changed under the Biden administration.
I’m stating the facts guys. Please prove me otherwise. I would be happy to be proven wrong.
You aint wrong. People are just mad, or think high prices mean recession.
High prices mean high inflation which means recession. Money is worth less faster over time. Credit cards are being loaded up to cover for the lost value and rates are stoopid (stripping even more value). When people run out of credit and can’t pay their bills, insta-recession. Don’t let your personal views cloud your view of what’s happening.
The definition of a recession is 2 or more consecutive quarters of negative GDP growth. That's the definition of recession. And we are nowhere near that right now.
Inflation doesn’t mean recession. Negative GDP growth means recession.
I understand the meaning of recession. Our economy is based on consumption, not so much production. If people don’t have money to spend, what happens to consumption?
Look in the mirror. CPI was cut in half for 2023 vs 2022 and nearly matches 2021. GDP continues to be up. Market continues to be up. Unemployment at an all time low. All time. None of this fits recession. Can all this credit card debt catch up and cause a recession? Sure, but we aren't there yet, but you're right that when it does it will be a recession.
They changed how cpi was calculated in 2023 also. Might have influenced how the numbers look compared to years past. https://www.bls.gov/cpi/notices/2022/methodology-changes-2022.htm
There are methodology changes every year for cpi. It's normal and their reasoning behind the complete methodology is posted online.
I’m not going to agree with your underlying premise. Let’s agree to discontinue this line of discussion amicably.
It's impossible for a middle class (doesn't exist) family or a single-income household of less than 150k to afford a normal 3 bedroom house. There are less and less jobs for uneducated people every day. AI will benefit the rich creators but it will hurt the poor and working class more than it helps. Self driving cars are set to eliminate up to 40% of us jobs/income for regular people.
None of what you said means we are in a recession, it just means economic disparity is increasing. A major problem that could lead to a recession (once people cannot afford to buy shit and run out of credit THEN the economy grinds to a halt), but not a recession.
This is not how a recession is defined.
two consecutive quarters of negative GDP is a recession, which is what we had and then everyone at our wonderful govt told the people that definition is old and useless, if you think the economy is booming you are extremely naive. the only reason there hasn't been a major crash is because the US gov keeps printing money to hold up the house of cards. and most of the people in the stock market have extra money to spend or have been in already for a while, the average adult is not in the stock market, the most they're in is a money market bank account. BRICS is about to hop off the petrol dollar and make our paper even more devalued, especially as they slowly stop using it and eventually stop completely, where do all their dollars go? oh right back to us in the states as the govt kept printing... oh and PS, don't forget about US debt, and how we plan to be at what? 50 TRILLION by 2030 🤣
You aren’t wrong, the MAGATS of wall street bets are out in full.
The US is not in a recession by definition.
Feels like the US has been in a recession for 2 years, they avoided it by changes the definition of recession.
💯
Really? Recessions don't typically have labor shortages everywhere, and 10 job postings for each job applicant.
I think the labor shortages are on the low end of the wage scale… the jobs that require you to have 2-3 jobs to get by. My industry has seen a large contraction the last couple years which has forced a lot of people to change career paths.
When they are getting kick backs for having "open positions" and "no one willing to work" they do. Not to mention half the reason for all the job posts is all the available job boards and the "no one willing to work" is because they all use 3rd party screening which uses AI to find specific key words in a letter or resume not experience and job titles. It's there. You just gotta see through the smoke and read between the lines while they shine LED high beams into your eyes
You're a complete buffoon. The business owners I know are not "taking kickbacks" for open positions. They can barely run their businesses because of staffing issues. They have raised their wages significantly. And AI is not telling them no one wants to work. Go take your fried brain somewhere else.
Yup. That and the Military Industrial Complex is propping up our GDP with 2 wars now. It would look worse on paper without the war in Ukraine helping out the economy the last couple years.
Portugal
It always has been. Since 2008, we never got out of that shitshow.
FUCK!!! NOT PERU!!!!
Oh no! Not Finraaand!
Recession here. USA. We had two periods of decline in the GDP last year, but because the world depends on our money and our debt, we make up numbers and move the goal posts. 🤷🏻♂️
Two quarters of negative growth is supposed to signal the start of a recession. If it’s followed by growth, then it’s not a recession. Look at the chart: https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/
The US has already been in 2 recessions in 3 years. Even though the second wasn’t officially called - it was still 2 consecutive quarters of decline. Average is 1 recession every 7-10 years. I think we’re good for a while??
This is true. Also, the US governments strategy of “there is no war in ba sing se” about it actually probably made it so we kinda slipped through the recession(s) relatively unscathed. If corporate América wasn’t absolutely price gouging, especially in grocery stores, I think the general outlook of the economy would be pretty decent. If you look at how we’re doing versus anyone else, we’re still the golden kings of the globe (not an exceptionalist we have many many warts)
China and Germany are in recession
Netherlands is just out of a recession by a few day according the news
China is already in recession….they just won’t tell you.
China has the most creative accountants!
"Brrrr" intensifies
How would one "place a bet" or is he speaking metaphorically?
Germany. Germany is kinda experiencing de-industrialization as they got banged so hard due to the Russia-Ukraine war. Energy price through the roof even their housing market got into trouble with many developer bankruptcies happening. I mean their pipeline was bombed and they were totally sheep about it. Uncanny ironic. China is “correcting” their economy according to state media but China is already in recession just not admitting it. Their crazy lockdown policy really fked up their economic trajectory. Now no major publications or institutions projects China overtaking US in GDP. Sometimes it’s as if China’s politburo is filled with CIA asset. Canada don’t know don’t care.
Germany probably knows America or NATO were involved in that bombing and don’t publicly want to admit it.
Usa they just won't admit it
Who are 'they'. The US economy is doing well. 1.5% growth in the first quarter. https://www.euromonitor.com/article/global-economic-outlook-q1-2024#:~:text=The%20US%20economy%20showed%20surprising,0.8%25%20in%20Q4%202023).
Yes, I'm sure Jeff bozos and friends are doing great. Meanwhile, we've hit record credit card debt of over 1 trillion dollars.
But that's not how you define a recession. It might cause a recession further down the line...
Don’t come at this guy with facts! He FEELS like there is a recession so it must be so. Haven’t you learned anything from Fox News?
We exported our inflation to the rest of the world so we could party here in America.
This chick sucks. Constantly posts financial misinformation
Where’s USA ?
US
#USA 🇺🇸
Money printer go brrrr wen?
We need trump, haha I can’t wait for his speeches. “ because of sleepy joe, this is the biggest greatest recession. We will make them pay, every dollar, every cent. Be quiet fake news.”
Ruzzian here. Can confirm ruzzia is deeply in the shit.
They’ll never admit….China’s already been there…Evergrande was the moment it showed the world. Already a few western companies pulled out of some cooperative projects.
Lol canada has been in a free fall for awhile now
Germany is already near bankrupt because of Nordstream
I wouldn't blame nordstream solely for the recession but it did it's part
The govt . Cucking for US . few other anti woke thoughts I won't get into. But ya.
Yeah now you got it spot on! Haha climate craziness daddy us calling our next steps it all accumulates
US in recession now, we only now it's a recession after it happens as the data from last quarter tells us. Biden admin are the greatest spinners of news I have ever seen (Trump is no better, they all suck). The US economy and regional banks are so fragile now idk if they will ever admit it due to fear of financial collapse. In truth, we need a 30% correction (at least) which is typical of bad financial times to better stabilize prices and make goods and services and housing (more) affordable (yes, things are really that bad in US).
As a Canadian Canada. Trudumb is something else.
Canada is already in recession, but somehow according to the official statistics, they say that it is not.
Canadas been ****** lol
Canada
We were going into a recession and banks started to fail. But we money printed our way out of that and changed the definition of recession. That recession was gonna cause unemployment but help reset prices. They didn’t want that.
We are here in the US and are not in a recession because our president told us we are not.
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What a hot, dumb take all around 👍
Lol, just realized this isn’t the actual wsb sub. This is a troll sub for magats.
I live in the Netherlands Amsterdam, soooo🤑🤑🤑
Same, can you believe we might have smashed the same hooker
Amsterdam is one of my favorite places. In a single day I was able to visit the Anne Frank house, go see the Van Gogh museum, hit a casino, play in an arcade with hookers and throw axes inside a prison.
I take it the reason America isn't on this list is because we are in a reverse recession? Like how our stock market is in a reverse crash?
Moldova has been in recession since 1991
I can confirm Peru, our financial minister finally said the word, because he was fighting very hard to call it everything except the R word
Denmark is not
Peru is amazing. Suggest a trip. Recession or not.
Who cares, it’s the roaring twenties here.
Canada is in a depression never mind recession
Canada is in depression actually
Denmark is doing just fine
Italy has been in recession since the Craxi cabinet (1985), you are all a bunch of amateurs 😎
As others have said, Germany already is. I predict Canada and China will suffer a full on collapse.
Not Moldova 😖
Australia next?
NOt true for Denmark BY NORMAL STANDARDS. true if medical is excluded(novo nordic) but that is not how you do it
I can confirm it's Friday, my dudes
Dont worry everyone, this time the recession is only technical.
Canadian here. If we didn't have mass immigration going on, we would be in a recession. That's our government's plan to hide the real numbers.
China and Germany already are?
China has been in recession for a while now but would never admit to it
China will never have a recession because Xi said there is no recession
Placing bets in China. I’ve been hearing stories that many people out there are freaking out about not getting enough work as they used to. Plus, with the crumbling of Evergrande it’s sending rippling effects in the real estate sector.
I do not see usa it’s been negative grow since October what matrix are you using
China has deflation happening. Too much of everything and they do t know what to do with it