Recession Rants:
Real or Rhetoric?
Bear mkt, stagflation fears
v strong economy & jobs
The US/UK economies are still strong, with unemployment levels at their lowest point since 1969. Yet all the media talk is about recession and stagflation caused by high inflation through Covid shortages and the Ukraine invasion. "There may be a recession over the next few years, but do people understand why?" asks NYTimes economic commentator Paul Krugman
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