Re:How bad could the next recession be?
by readthenotes1 on Thursday June 30, 2022 @01:03AM
(#31928865)
It's having the money PLUS not having the goods because of broken supply chains (China lockdowns and shipping through Port of L. A)
followed by doubling of fuel costs which were in part driven by huge surge in demand after lockdowns ended plus no new supply of oil refineries because, in part, the war on fossil fuels in the US and elsewhere
and all fed by our expectations of higher prices that allow the greedy corporations to raise prices with less fear.
followed by doubling of fuel costs which were in part driven by huge surge in demand after lockdowns ended plus no new supply of oil refineries because, in part, the war on fossil fuels in the US and elsewhere
and all fed by our expectations of higher prices that allow the greedy corporations to raise prices with less fear.