When will the main stream media admit we are in a recession?

We've been in one for over 3 months...

To the contrary, I'd argue we've lived in an ephemeral period of peace and prosperity that has left us dangerously myopic towards the threat of societal collapse and global chaos. Brushing off the threats of nuclear annihilation of the cold war and weathering several recessions hasn't left us resilient, just emboldened. People starving in the streets might be unthinkable to us, but they were also unthinkable to prior generations preceding their times of crisis. And when the people flying the plane seem to be aiming directly at the side of the mountain with laser precision, all that doomsaying will seem overblown up until it isn't.

What we know right now is we're in the midst of a recession despite all the market managing tools being cranked to maximum overdrive, with inflation necessitating the feds cooling off the economy which will aggravate the recession. We're simultaneously facing a money supply bubble, a housing bubble, a service industry economy that has gutted domestic production and left us reliant on an increasingly hostile and competitive global economy, all simultaneous with a pandemic, an opioid crisis, a suicide crisis, a crime wave, deep political strife and above all too many fucking fatties. If ever all the conditions were ripe to turn rotten, we're at that point. Time to break out the End is Near signs and march on street corners

Too smart summary mang

When I go out in public and just observe my surroundings these days o truly wonder how many people are even aware of all of these conditions

This post was edited by Duckling on Jul 28 2022 01:51pm

as a prepper i'd be sickly enjoying a world where people are forced to be self reliant and the economy collapses. my piles of gold and silver will be worth more than i ever dreamed. my garden and animals will go from a hobby to how we actually eat. and the peace of the countryside will become more about safety from the roaming street gangs.

but i dont think it will happen, nor have i ever. corporations wont let their fattened calf consumers become rabid dogs. we'll see smaller collapses that compartmentalize the downfall while they preserve their profits. everything these days is too big to fail in the long run, it collapses and is bought out by the american tax payer.

Silver and gold will be worth nothing, its all about the stockpiled baked beans and water purifying tablets

Never understood the need for those.
Fire=charcoal filter+boiled=safe to drink

https://www.cnbc.com/2022/07/28/yellen-says-the-economy-is-not-in-a-recession-despite-gdp-slump.html



She actually fucking said it lmao
She said it, she said the word



ITS TRANSITORY EBIN XDDDD

Did we have a recession under Trump?