I’ve read a good amount about this, and while by traditional measures there isn’t technically a recession, many real‑world signs make it feel like one. What do we think? I don’t think this breaks the 6 rule, it’s an economic question.

  • Skyrmir@lemmy.world
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    1 day ago

    Nope, the populace is under stupid strain, but the economy is just slow, not contracting.

    Given everything that is going with AI and Trump though, it probably would be a good idea to be prepared for one hell of a recession next year.

    • IronBird@lemmy.world
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      1 day ago

      if you remove the AI circular spending bubble, we are 100% in a recession already.

      and that’s if you trust the data, which arguably has been far too fucked with to be useful for years now.

    • MagicShel@lemmy.zip
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      1 day ago

      Should be in freefall by next November. Good news for the midterms… I guess.

      • Skyrmir@lemmy.world
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        1 day ago

        There tends to be a political backlash after presidential turn over, all the added backlash on this mid term is going to be epic before even taking the economy into account.

        • Tollana1234567@lemmy.today
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          23 hours ago

          republican made sure thier recent bills , the backlash would be recieved by the incoming democrats in the midterms and the next presidency. this is always how they get re-elected again. if republicans still remain the majority they are in deep trouble.

      • Tollana1234567@lemmy.today
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        23 hours ago

        we will see once the holidays hit, and no new tourism is coming to the states that wasnt planned like a year in advance.