Re:Japan's Nikkei Posts Biggest Single-Day Fall Since 1987 A...
by johnnyanmac on Monday August 05, 2024 @02:44PM
(#41164101)
> Our much needed recession is here.
"My" recession is still being gaslighted by the US government as not happening. Japan has officially been in/out of a recession for over a year, so they at least got over the denial phase. Probably won't make many calls in the US until 2024 is over.
>I hope every inflated market is corrected accurately this time around
House always wins. So I'm not holding my breath. Doubt even a recession would kill off all the AI speculation. Maybe a depression would, but the economies is very different from the 30's depression.
"My" recession is still being gaslighted by the US government as not happening. Japan has officially been in/out of a recession for over a year, so they at least got over the denial phase. Probably won't make many calls in the US until 2024 is over.
>I hope every inflated market is corrected accurately this time around
House always wins. So I'm not holding my breath. Doubt even a recession would kill off all the AI speculation. Maybe a depression would, but the economies is very different from the 30's depression.