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/biz/ - Business & Finance


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50558130 No.50558130 [Reply] [Original]

>/biz/ has been clamoring for months that the US economy is in recession.
>Turns out there is no recession happening.
Well, well, well. /biz/ is wrong again as usual.
>Treasury Secretary Janet Yellen said “we just don’t have” conditions consistent with a recession.
>The White House says the economy is not in a recession nor headed for one.
>Nothing right now is screaming recession
>The jobs market is good
>Manufacturing is expanding
>Consumers are flush with cash
>“This is not an economy that’s in recession" Treasury Secretary Janet Yellen told “Meet the Press” on Sunday. “A recession is a broad-based contraction that affects many sectors of the economy. We just don’t have that.”
https://archive ph/K5NsC
https://www.cnbc.com/2022/07/25/the-numbers-show-the-us-economy-is-at-least-teetering-on-a-recession.html

>> No.50558174

>Consumers are flush with cash
almost like there's an election due

>> No.50558300
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50558300

They literally changed the definition of "recession" so they could say there isn't a recession.

>> No.50558334

>>50558130
>Some old faggot Jew bitch said something so it must be true

Fucking lol kys immediately

>> No.50558368

>>50558300
That is misinformation. All Biden did was clarify a murky definition. Its not like he changed the facts.

>> No.50558380

Sleepy joe's tricks are as old as himself and only work boomers and retarded libs

>gas prices down
I did that
>jobs after covid rise again
Of course i did that
>some other bullshit metric that is either meaningless or unrelated
Oh yes i did that
>anything bad
Thats not happing, recession? Whats that? Rising costs? Damn putler price hike

>> No.50558415

my personal opinion is there won't be a 2008 level recession of epic proportions this time around but the next time before the Great Reset 2030, prepare your anus.

>> No.50558463
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50558463

Trust the experts

>> No.50558488

>>50558368
2 consecutive quarters of negative gdp

>> No.50558542
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50558542

>>50558488
that's not clear enough
a recession can only be identified through a holistic look at the data
sorry, chud.

>> No.50558593

>>50558542

i identify as an economist and that is how I evaluate the state of the business cycle. respect my identity bigot

>> No.50558660

>>50558542
>holistic medicine?
Le bad!
>holistic economics?
Le..... good?

>> No.50558672

>>50558368
it's not "murky" you fucking faggot, it's crystal fucking clear and it's been this way for decades.

>> No.50558727
File: 160 KB, 820x480, Psychology.jpg [View same] [iqdb] [saucenao] [google]
50558727

>>50558593
This "recession" you refer to is it in the room with you now?

>> No.50558734

pretty wack how the entire state apparatus is willing to blatantly lie to your face simply to secure re-election. it's cringe if i'm going to be honest with you folks

>> No.50558744
File: 1.16 MB, 320x180, 1653687516144.gif [View same] [iqdb] [saucenao] [google]
50558744

>>50558368
you're faggot you have the manky po_x

>> No.50558803

>>50558672
Your hatred of Biden is blinding you to reality. The economy is great, everyone has a job, stock market is booming, bitcoin is going up, zestimates are increasing. There is literally no actual evidence of a recession.

>> No.50558830

>>50558727

its in the stores, its at my job, its on the faces of people i see walking down the street

it's in my ira, its in my utilities, its at the gas stations

and most terrifying of all, it's in my future

>> No.50558862

>>50558803
this, so much this!!
nazi chuds are just seething because Biden is doing such a great job and saving the economy after trump killed it !

>> No.50558883
File: 95 KB, 1200x810, confused-biden.jpg [View same] [iqdb] [saucenao] [google]
50558883

best president ever?

>> No.50558911

>>50558830
>anecdotal evidence
How about a real source?

>> No.50558915

>>50558830
You're mentally ill. None of what you posted is reality. Maybe you live in a shithole or sometime. I dunno. Everything is pretty normal right now overall.

>> No.50558931

>>50558911

is this nigga serious? i hope not

>>50558915

i do live in a shithole its called america and its right between canada and mexico

>> No.50558975

>>50558931
If you don't like America gtfo. The last thing the US needs is crybaby poorfags like you. Go to China or some other commie shithole that wipes its citizens asses since you hate freedom so much.

>> No.50559012

>>50558931
Surely if it's really happening, as you say, a real source shouldn't be hard to find? Preferably an academic source, I'm not interested in your conspiracy theory blogs

>> No.50559038

>>50558975

I do like america and freedom which is why im exercising my free speech. the fed is in charge of inflation(which is a tax) and is unelected therefore im being taxed without representation. which was the same reason for the revolution in the first place so I'm pretty comfortable with my stance

>> No.50559082

>>50559038
You sound delusional. Do you have a shred of evidence to back up this conspiracy theory you have?

>> No.50559353

>>50558130
A recession is two consecutive quarters of economic contraction to the overall economy. That is what has happened. To say otherwise is intellectually dishonest. Biden well knows this and should be ashamed of himself. Frankly denying there is a recession will cost the dems more votes than it saves them. It's an embarrassment.

>> No.50559539

>>50559353
LISTEN UP INCEL

There is no recession until President Biden says there is. IF there is a recession, its only gonna happen if the ADULTS don't win the 2024 election. YOU GOT THAT CHUD?

>> No.50559611
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50559611

>>50558174
makes ya wonder whats gonna happen the day after the elections lol

>> No.50559686
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50559686

>>50558130

>> No.50559763

>>50559686
holy fuck lmao everything is gonna dump so much lower.

>> No.50559833

>>50559686
I can't believe Putin's Price Hike™ is causing the recession that is not happening. We need to print more money for Ukraine to end this inflation/recession that is not happening.

>> No.50559912

>>50558130
>Treasury Secretary Janet Yellen said “we just don’t have” conditions consistent with a recession.
The definition doesn't fucking matter when things are objectively fucked. No one wants to quibble over what words mean when the government and the rest of the goddamned world are doing nothing to solve the very real impending problems that have been created by the utterly incompetent retards in charge.

>> No.50559914
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50559914

It's all so tiresome.

>> No.50559917

>>50558488
>>50558672
according to who? "two red quarters [in terms of gdp]" has always been hokum. gdp is bullshit

>> No.50559982

>>50559912
Uhmmm, it's not a recession sweaty. That's like saying Kiev instead of Kyiv. It has no basis in reality.

Stop deadnaming the economy you bigot.

>> No.50560052

zoomer here
before you hate on me
i was too young for the 2008 recession
what should i expect?
how will this play out?

>> No.50560079

>>50558380
Blaming Biden seems retarded solely because he’s too senile to orchestrate any of this. It’s his cabinet

>> No.50560083

>>50558368
Murky? What the fuck is murky about 2 consecutive quarters of negative growth?

>> No.50560091

>>50558488
This definition is racist and reinforces white supremacy.

>> No.50560105

>>50558130
Why the fuck do they keep talking about unemployment? Jobs are lagging indicator and bringing back jobs after a government shutdown isn't true job creation.

>> No.50560158

>>50559982
Whole fucking situation feels like a snopes fact check
>Are we in a recession?
>Our Rating: ULTRA FALSE PANTS ON FIRE EAT SHIT AND DIE
>We have not met the criteria for a recession, but the economy is skullfucked and we're headed into food and gas shortages for the first time in a century, it's just not a recession yet.

>> No.50560164

>>50560083
>growth
that "growth" is measured in terms of massively inflated valuations created by a massively inflated currency. if we dug down through the bullshit to look at real metrics of "growth" like industial capacity, efficiency, quality of life, how do we measure that across the entire nation? we can barely accomplish a census every few years. gdp is a worthless abstraction in a spreadsheet

>> No.50560166

>>50558734
Be sure to not vote for a Republican though because they took away our right to murder babies and now want to dismantle gay marriage. Stay asleep goyim.

>> No.50560183

>>50560158
it's a monetary crisis, not a recession. the real misdirection is their refusal to comment on the extreme weakness of the dollar and the illusion of strength the fed creates by pulling dollar liquidity from credit markets

>> No.50560216

>>50560183
The exact definition and terminology don't matter. What people want to know is if the economy is fucked or not and if there's any chance it will improve and all the experts and retards in the White House are like
>as a super expert who is never wrong and has never had a bad opinion, I think you are dumb for using the word "recession"

>> No.50560271

>>50560183
cool it with the antisemitism.

>> No.50560278

>>50560216
i agree they made their bed and now have to lie in it, figuratively and literally. if they come out and say the dollar is dead that's literally game over. their monetary schemes are causing a fuckload of problems that in their typical metrics read like recession, when these problems are induced by the failure of their monetary policy. they're trying to prop it up for as long as possible, because quite frankly I don't think they have a coherent exit plan. when currencies fail there is turbulence, but that resolves quickly whenever the currency is abandoned, because all of the underlying production and labor is still there, it was the shit currency and retarded policy that was the problem

>> No.50560294

>>50560052
Lots of people take a paycut or lose their jobs while lots of people have to come out of retirement to find jobs while no one is hiring except McDicks and Walshart

-t. got hired in 2009 just before a nationwide hiring freeze

>> No.50560322

>>50558130
>newfags still falling for the obv bait

>> No.50560363

>>50560164
>massively inflated currency
only when compared to itself. Crushing every other currency. The US is the most insulated economy in the world and will weather any storm better than Europe or China

>> No.50560538
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50560538

>>50558130
>The economy is not in recession, and that's a good thing. Here are 33 reasons why.

>> No.50560697

>>50558488
>anon posts hate speech
>gets repeating digits that happen to be the eighth whole number on the number line
Checks out.

>> No.50560725

>>50558300
They did the same thing with the common cold, and the flu

>> No.50560837
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50560837

>>50558488
Math has always been and will always be completely bigoted against vulnerable minorities

>> No.50560912

>>50558130
Why are you surprised.

Yes, as frightening as it seems, even the central banks that control the US exist in a bubble.

And the propaganda arm of the us government... as weak and as obvious as it is... is trying to protect that bubble.

And you know what? I dont even care, a recession would be bad for all of us.

>> No.50561038

>>50558130
Plenty of retards calling for recession and popping of the "everything bubble" literally every year and yet it never seems to come. Evemtually it'll come ofc and then they'll claim they were right all along they were just early. Anyone with a functioning brain would just call that being wrong of course.

>> No.50561073

>>50558803
People like you will be lined up against the wall.

>> No.50561090

>>50558130
changing the definition of recessions, women, vaccines

>> No.50561093

>>50558915
Lmao @ you IDF new hires. DEATH TO ISRAEL

>> No.50561518

>>50558368
No, Biden and all the other Dems whose office is in jeopardy these midterms is relying on citing jobs data to buoy economic outlook (and make it look like they are doing one thing right), despite jobs being a very lagging indicator. They are purposefully bringing up that unemployment/jobs info to draw attention from the conventional indicators of a recession. This is incredibly misleading and also worrying--- they are trying to manufacture public consent for the Fed to keep hiking massive amounts into a de facto recession. If the country were in agreement that we are in a recession, the Fed would appear to be irresponsibly tightening and hiking. Politically, the Dems cannot afford for inflation to be this high AND for us to be entering a bad recession, so they are manipulating the narrative

>> No.50561568

>>50558542
dude in order to support your argument, are you seriously citing a presidential press release which is being doubted in the first place as biased/manipulating the narrative?
>"The president is right about recessions, and if you don't believe me, check out this press release where he defines a recession"

>> No.50561592

>>50559833
Wrong, we need to donate to Israel first

>> No.50561608

>>50560183
What do you mean by "pulling dollar liquidity from credit markets"? Genuine question

>> No.50561749
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50561749

>>50558130
>THERE IS NO RECESSION
Sorry, I'm gonna wait for a trusted source

>> No.50561777

>>50559611
covid comes back if the repubs with the congress. recession were declared.

>> No.50561831

>>50558915
lmao shalom

>> No.50561911

>>50558542

Lmao what a crock of shit. Weasel words don't make something not true it just confuses weak willed people.

>> No.50561961

>>50560164
If I pay you $50000000 to do a deep analysis on this will you pay me $50000000 back to clean your garage? Think of the GDP we would add

>> No.50562433

>>50558300
Just like the definition of vaccine.

>> No.50563629

>>50561518
>they are trying to manufacture public consent for the Fed to keep hiking massive amounts
>the Fed is irresponsibly tightening and hiking
>translation: OMG WE HAVE TO CUT INTEREST RATES AND MONEY PRINTERS GO BRRRRRRRRRRRRRR RIGHT FUCKING NOW
Are retarded? Printing money and cutting interest rates is what got us into this mess. Corporations, banks, asset managers and hedge funds don't need handouts and to borrow money for essentially free anymore and neither do consumers, hoomers and every other retard. Even if there was a recsession (there isn't) there is no god dammed sane reason to undertake these actions again after what has happened the past few years. Do you really think digging the economic hole deeper will help?

>> No.50563819
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50563819

no recession is bad for risk assets.
It means Fed will tighten harder. I hope you bought your Shemitah Puts this morning.

>> No.50563862

>>50558368
Kek. Biz niggas BTFO they got checked by Snopes

>> No.50563900

We're already in one.

>> No.50563939
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50563939

>>50558368
Nigger nigger nigger retard
pic rel

>> No.50563996

>>50563939
That definition is outdated. Times change. Words are fluid. The economy needs to be looked at holistically now. The definition of a recession is no longer bound by GDP alone.

>> No.50564045

>>50563996
Why are some words fluid and others aren't? Why is it a fluid definition now, what spurred it, and who is benefiting from the change?

>> No.50564061

>>50563996
I agree, its just a coincidence that the term was changed right now when we met the criteria right? I mean there is no recession, never has been. It is now always Happy economic hour springtime in Biden's USSA comrade!. No economic winters here.

>> No.50564066
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50564066

>>50563996
>outdated
by who's standard, retard? It's literally on the series 7 test. You're a fucking idiot

>> No.50564081

>>50564045
Because lefty logic

>> No.50564083

>>50563996
So. Much. This. Also did y’all know it’s a bunch of old white dudes who release those numbers? Folks are tired of economic policies being based off privileged perspectives, it’s about time we let the community to decide whether we’re in a recession.

>> No.50564104

>>50564083
This is why biz needs mandatory IQ tests per IP address. To filter out you clowns.

>> No.50564157

>>50564083
DAS RITE. Racist whitebois want a recession so their puts and short positions can make them money. Selfish greedy crooks

>> No.50564169

>>50564104
They aren't wrong. Just because the news media is screaming recession in every headline doesn't mean we are in a recession.
Its real convenient that /biz is parroting the news media on this and screaming recession as well considering /biz/ normally takes the opposite side of the news media. Really makes me think a lot of you posters are shills desu.

>> No.50564175

>>50564104
It’s called thinking critically, honey. You should try it some time.

>> No.50564183

>>50564104
The irony

>> No.50564193

>janet "transitory inflation" yellen says its not a recession
>cnbc
lol, it's a recession, this is proof

>> No.50564210

>>50564169
No, retard. Read this pic: >>50563939
>>50564175
Yes and I use facts aka definitions. Unlike you who's an emotional biased bitch. Sweetie :)
>>50564183
Read above

So many retards. Too many actually which is making me think there's some weird shill campaign going on.

>> No.50564305

>>50564066
I didn't know that FINRA was so racist and bigoted. If the economy doesn't identify as a "recession" then we must respect its wishes.

>> No.50564320

>>50564175
so much this. I'm sick of all these science deniers raiding biz.

GO BACK TO POL CHUDS. WE TRUST THE EXPERTS

>> No.50564328

>>50563939
>Nigger nigger nigger retard
>>50564210
>Yes and I use facts aka definitions.
>Unlike you who's an emotional biased bitch.
>Sweetie :)
The irony is papable.

>> No.50564372

>>50564328
Yes now read these pics. Checkmate, faggot
>>50564066
>>50563939

>> No.50564374

>>50564210
Why should anyone accept your facts when they’re built on prejudice? The lived experiences of folks in the community are more valid than your facts.

>> No.50564396

>>50564374
>Why should anyone accept your facts
>your
They aren't "my" facts, faggot. They don't "belong" to anyone. It's just reality, trannie.

>> No.50564407
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50564407

>>50564374
Can't tell if trolling or dropped at birth.

>> No.50564419

>>50564374
>built on prejudice?
What the FUCK are you talking about? What the FUCKKKKK do you mean "prejudice"? LMFAO fucking nonsense. You're basically saying if facts make you feel uncomfortable, they aren't "real". Fuck, we need mandatory IQ tests for biz NOW.

>> No.50564497

>>50564396
What you think is reality is actually just a product of the system that produced you. I don’t pay it no mind.

>>50564419
Prejudice against the lived experiences that conflict with your “reality. You mad because we waking up.

>> No.50564615

>>50564497
>What you think is reality is actually just a product of the system that produced you. I don’t pay it no mind
aka if it hurts your feelings, it's not real. LMFAO
>Prejudice against the lived experiences that conflict with your “reality.
Nigger. What the FUCK are you talking about? If I say 1+1=2, are you going to say that's prejudice? You're an imbecile low IQ retard.

>> No.50564683
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50564683

>>50558368

>> No.50564809
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50564809

>>50563819
I thought that already ended how long does it last?

>> No.50564823

>>50558911
>>50558915
Kys

>> No.50564824

>>50564083
>it's about time we let the community to decide whether we're in a recession
This x1000. If you have to ask if you're in a recession, you aren't in a recession. You'll know you're in a recession when two out of five working-age men you know can't find a job and everyone's portfolios and home values are down over 50% from what they paid at the top.

>> No.50564881

>>50564396
fucking Aspie, youre getting Trolled. How do you Aspies not realize this holy shit

>> No.50564916
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50564916

>>50558130
>Numbers show
What numbers?

>> No.50564917

>>50564881
Because in this time and age satire has become reality aka not possible to differentiate anymore

>> No.50564930

>>50564824
>If you have to ask if you're in a recession, you aren't in a recession.
this is your brain on crack

>> No.50564951

>>50564615
1+1=2 isn’t axiom. It’s manufactured presuppositions by old white man solely to oppressed and controlled minorities. Go Read some book.

>> No.50564986

>>50564930
They arent wrong faggot.

>> No.50565051

>>50558130
Cryptozoomers and GME bagholders like OP don't remember the 2008 recession never got officially declared as such until it was over. Jews will never give up a crystal clear chance of shorting a recession.

>> No.50565065

>>50565051
give you*

>> No.50565072

>>50558300
Many such cases

>> No.50565112

>>50558130
Why do posters like you have this "every is a nothing burger" mentality? Are you a perma bull? Do you believe the US to be undefeatable? With it's current population? Okay so when are we in recession then. In the case it happens (for real), will you come here and make a post about how everything is fucked? That Biz was right and you wrong? A lot of you seem to want to be forcefully positive because you guys for a lot of money in this

>> No.50565118

>>50564986
I already btfod you, faggot. You lost.
>>50564951
>"read a book"
>states definition from textbooks
>"noooo you can't do that!"
LMFAO

>> No.50565140

>>50564951
Also
>whaaaa, math is racist!!
>1+1=2 is bigoted racist!!!
KEK

>> No.50565156

>>50565051
This exactly. They'll call it a recession when it's 90% over.

>> No.50565175

>>50558300
Really makes you think

>> No.50565248

>>50558130
Bring the haitians and latinos!, someone has to fill my highways and my daughters

>> No.50565265
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50565265

>>50558368
> change murky definition of "vaccine" from something clear to "whatever we feel like"
>change murky definition of "woman" from something clear to "whatever we feel like"
>change murky definition of "recession" from something clear to "whatever we feel like"

I'm sensing a pattern here anon

>> No.50565412

>>50565118
You haven't btfo anyone except yourself. You don't even know wtf is going on. Sit down. You're embarrassing yourself.

>> No.50565471

>>50565412
Nigger. I used a literal definition. Your argument is that it was prejudice definition "because it just is, okay??".

YOU

LOST

DEAL WITH IT

>> No.50565498

>>50558488
priced in. that's all from covid, not organic economy movement.

>> No.50565533

The essence of working at a job in itself is almost soul-crushing at that. That's why I don't look forward to doing any form of labour. I just hodl more than a few coins like , SHIB, SOL, EVCoin and Syscon.

>> No.50565556

>>50558130
"Nothing is true until it has been officially denied."
just like we didn’t have inflation

>> No.50565608

>>50565265
This is malinformation. You have said something true but in a way that maligns the establishment.

>> No.50565622

>>50558368
this a factual representation.

>> No.50565626
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50565626

>>50558300
They're the good guys

>> No.50565863

>>50558542
It's obvious they just don't want to declare a recession on thursday because they saw the numbers already and had to come up with an excuse quick to save face

>> No.50566390

>>50558734
90% of the population of the US could be on the breadline and they still wouldn't admit there is one, because if they did that then they would have to take the blame for it.

>> No.50566415

>>50561749
Straight from the horse's mouth

>> No.50567695

>>50558130
why are chuds angry at him for changing the definition of recession? if anything, he's doing us a solid by not making the market price in a recession risk.
repeat after me, Thank you president Biden

>> No.50567713

>>50565471
>denies facts
>refuses information from official sources >is delusional
>espouses conspiracies >repeatedly uses the n-word
You have nothing of value to add here. Sit down already. You're embarrassing yourself.

>> No.50567776
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50567776

>>50567713
>>denies facts
I literally posted a definition that is even used for series 7 exams. LOL
>>refuses information from official sources
read above. Also you listed 0 sources :)
>is delusional
read above
>>espouses conspiracies >repeatedly uses the n-word
Nigger. Read above. You got absolutely obliterated. Your asshole is a gaping tunnel now.
Checkmate :)

>> No.50567794

>>50567695
>he's doing us a solid by not making the market price in a recession risk.
No, retard. That's bearish. It means they know we're in a recession but don't want to let the masses know so that it doesn't make the left/biden look as bad. They also don't want to give easy shorts. The moment they admit we're in a recession is the moment that it's 90% over.

>> No.50568060

>The economy is great
We're in a recession. Hiring freezes. Inflation is the number one topic, and hurts the poor and fixed income the most.
>everyone has a job
The labor force participation rate is very low. Lower than Obama and far lower than Trump. So your lie falls on it's face pretty quick.
>stock market is booming
I'm guessing your job is to shill?

>> No.50568080

>>50568060
>>50558803
In my excitement I forgot to link you.

>> No.50568371

>>50567776
>N-NO YOU GOT OBLITERATED
Sorry you can't keep up with current times or even understand plain english chud. Its obvious you have no foot to stand on. Even Biden is laughing at your kind. Get over the fact there is no recession and move on.

>> No.50568407

>>50568060
>All official sources are wrong.
>My opinion contrary to fact is correct.
Nah
>Verification not required.

>> No.50568415

>>50560079
No shit genius

>> No.50568442

>>50559353
They’ll just print more

>> No.50568446

>>50568371
>Sorry you can't keep up with current times or even understand plain english chud.
Says the retard that can't read definitions. Kek
>Its obvious you have no foot to stand on.
Definitions aka facts unlike you, sweetie
>Even Biden is laughing at your kind. Get over the fact there is no recession and move on.
Read above. You got fucked

>> No.50568456
File: 456 KB, 1242x2080, 52207B60-7984-4804-896B-F4EB768282A9.jpg [View same] [iqdb] [saucenao] [google]
50568456

>>50568407
You have a retard brain. Post IQ results.

>> No.50568481

>>50558300
Just like they did with gender.

>> No.50568600

>>50568371
>Get over the fact there is no recession and move on.
It will be announced officially Thursday.
>>50568407
See you then.

>> No.50568601

>>50568446
>I repeat my falsehoods are correct enough times facts change.
Nope. There is no recession. Clinging to fringe definitions doesn't change that.

>> No.50568620

>>50568601
>Clinging to fringe definitions doesn't change that.
>fringe
Literally TEXTBOOK definitions, LOL you uneducated FUCK

>> No.50568625

>>50568600
There will be no recession announced. There isn't one. Anyone who can see the broader picture knows this.

>> No.50568645

>>50568625
If I bitch slapped you in the face and I say I didn't bitch slap you, does that mean I didn't bitch slap you? LOL

>> No.50568667

>>50568620
>repeats the same falsehoods expecting a different outcome
Sorry chud. There is no recession. See >>50558542 Suck it up and get on with life.

>> No.50568678

>>50568667
See: >>50568645
:)

>> No.50568762

>>50560052
It was impossible for me to find a job until around late 2009. I was 16 at the time and was looking everywhere and no one gave a fuck. Niggers had plenty of extra income though for some reason... I remember it clear as day.

>> No.50568803

>>50568625
It will be announced on Thursday. 2 days.

>> No.50568812

>>50558542
while some maintain
>while stubborn individuals insist to cling to this antequated bygone definition...

>> No.50568857

>>50558542
>>50568667
This propaganda is weak sauce, I could do a better job. Though it is clear that this is intended solely to skew the midterms, we're going to be in a recession well into 2023 (if so), so won't this just backfire for the 2024 Presidential?

>> No.50568894

We're heading towards stagflation as people drop out of the workforce because it costs more money to get to work than they're paid while they cannot afford anything besides food.

First they denied inflation, they're now denying recession, stagflation hasn't even crossed their minds yet.

>> No.50568944
File: 914 KB, 1242x2148, 3B09EF30-0AD4-4A63-A653-225EF388D993.jpg [View same] [iqdb] [saucenao] [google]
50568944

>>50568857
Recessions typically don't last THAT long

>> No.50568945
File: 327 KB, 698x358, 1626125748332.png [View same] [iqdb] [saucenao] [google]
50568945

>>50558130
obviously.

>> No.50569042

>>50568944
We're in a different environment.

>> No.50569074

>>50569042
Dude. It's over 70 years worth of data.

>> No.50569105

>>50569074
All useless because that data was collected in a different world. I have thousands of years of data saying iphones don't exist

>> No.50569115

>>50558300
This. Biden needs to eat the back of my hand every time he opens his mouth. His stupidity is extremely dangerous for our nation.

>> No.50569182

>>50569105
what a shit comparison

>> No.50569191
File: 723 KB, 1920x1080, bluefangs.jpg [View same] [iqdb] [saucenao] [google]
50569191

>>50569074
>It's over 70 years worth of data.
i dont like being the "its different" guy, but anything past the last 20 years might as well be the stone age because of how many things have been turned upside down and fucked by the Feds

>> No.50569195

>>50569105
>All useless because that data was collected in a different world.
That makes no sense. It's been different in those 70 years too.
>I have thousands of years of data saying iphones don't exist
This is not a counter-argument. It makes no sense. It's like saying if I said "1+1=2" and then you said "math didn't exist for billions of years so math is irrelevant". The fuck..?

>> No.50569212

>>50565412
You lost.

>> No.50569225

>>50569182
I thought it was a good attempt.

>> No.50569270

>>50569195
I think you're missing something.

>> No.50569339

>>50569182
They aren't wrong though.

>> No.50569360

>>50569212
>If I say you lost I win.
no

>> No.50569394

>>50558300
>>50558130
can we get an yellen edit of the amusement park wagie covering the textbook definition

>> No.50569401

>>50569182
>>50569195
Your data is from the Bretton Woods era. That era ended, I know you didn't notice but you will. Much like pre-Bretton Woods data meant jack shit during the Bretton Woods era, Bretton Woods data will mean jack shit in the new post-Bretton Woods world.
>b-b-but my data is SCIENCE
Your data is statistics. Statistics from the world that no longer exists. Before the internet 100% of people didn't use the internet, that's statistics, they don't mean shit once the world changes.

>> No.50569420

>>50569360
Yes

>> No.50569448

>>50569401
So "da world changed" therefore you foresee what? 50 year depression? Lel. At least give some sort of estimate. Even going by the 2008 recession, that was 18 months.

>> No.50569772
File: 2 KB, 176x22, Capture.jpg [View same] [iqdb] [saucenao] [google]
50569772

>pic related
The definition of PILPUL
>no textbook required

>> No.50569969
File: 2.41 MB, 225x255, 1658825994024459.gif [View same] [iqdb] [saucenao] [google]
50569969

>>50558130
>>Consumers are flush with cash
I mean, I know everybody seems to only bitch about gas and grocery prices, but what about home utilities? The shit has literally doubled since a year ago! How can you say consumers a flush with cash when a lot of us who weren't struggling are now struggling to make ends meet? It's kinda like when they said there's no inflation. Fuck these idiots who are running our government!

>> No.50570017

>>50559082
What conspiracy theory? That the FED exists?

>> No.50570020

>>50569420
nope
>>50569448
>implying anyone made those claims
wrong again chud

>> No.50570093

>>50570020
If I wanted the opinion of a retard, I'd have asked. Get out.

>> No.50570105

>>50569969
Consumers are flush with cash. Just look at all the useless chinese made landfill fodder that gets purchased by consumers daily. Until corporations like Amazon are begging for consumers to buy with site wide fire sales people obvioulsy have cash to spend. You do realize these people crying about gas prices are the same retards that buy $1000 phones right? Their tears are crocodile tears. They are just upset about possibly having to wait two years instead of one to buy their next $1000 phone.

>> No.50570112
File: 35 KB, 715x715, 1653281345829howdy.jpg [View same] [iqdb] [saucenao] [google]
50570112

>>50568944
>the great recession was over 15 months
>by late 2009 it was over and everyone had recovered
The effects will last several years at a minimum. It's foolish to believe this will just be a quick affair. That mentality echoes WWl thinking.

>> No.50570141

>>50570093
>N-NO YOU CAN'T JUST BLOW ME THE FUCK OUT YOU HAVE TO LEAVE
Nope. This is my thread chud. You are the one that needs to leave. Your blundering idiocy when faced with the facts of our modern world is embarrassing.

>> No.50570193

>>50570112
It is foolosh to pick numbers out of your ass instead of looking at past data
>>50570141
You got anally fucked many times over. Post IQ results.

>> No.50570273

>>50570112
howdy

>> No.50570438
File: 545 KB, 979x652, 1_jxsZzRFfjuWd-I780lqyug.png [View same] [iqdb] [saucenao] [google]
50570438

>inflation is still running hot
>no signs of a recession
Guess Powell can keep raising rates. A 100 point rate hike is GUARANTEED

>> No.50570497

>>50570193
There is no recession. Stop embarrassing yourself claiming otherwise. You have lost. Condolences.

>> No.50570623

>>50570497
I stated facts. You're using "muh feewings" to say the definition is wrong. You got anally fucked. That's not debatable. Enjoy monkey_pox

>> No.50570719

>>50570623
>T-TECHNICALLY ACCORDING TO OUT DATED DEFINITIONS T-THERE MIGHT BE A RECESSION POSSIBLY SOMETIME JUST BELIEVE ME OK?
You continued butthurt over your loss here is sad. Oh well. I tried to help you see what is patently obvious to everyone even our senile president. Guess you are one of those persons that just has to be contrarian. Sad desu.

>> No.50570816

>>50558334
She also said inflation wouldn't happen if they printed all this money. When it started to happen she said it was "transitory". Now she says NO ONE for saw what would happen. NO ONE. NO ONE AT THE FEDERAL RESERVE KNEW PRINTING MORE MONEY WOULD MAKE IT WORTH LESS.

>> No.50570826

There is a recession and its a world recession, GDPs are only growing because we are still experiencing some rebound from the Covid lockdowns and trade restrictions, the economic damage from the war in Ukraine hasn't been fully felt yet too, this winter it will probably peak.

>> No.50570887

>>50563939
>Solomon exam prep
Is that what you have to take to become a full-fledged jew?

>> No.50570924

>>50558915
Mentally ill people like him are going to kill you and people like you one day

>> No.50570939
File: 123 KB, 1242x291, EB88D849-9FB8-4462-9251-A079FAAE7DA8.jpg [View same] [iqdb] [saucenao] [google]
50570939

>>50570719
Your nigger brain just doesn't get it
>l-let me just change the definition so that we'll NEVER be in a recession ever again!
LOL

>> No.50570967 [DELETED] 
File: 368 KB, 1242x674, 8FEE8B52-00C7-4211-B0AD-0DADDA92B538.jpg [View same] [iqdb] [saucenao] [google]
50570967

>>50570887
Janet yellen is the literal jew that changed the definition, nigger

>> No.50571021
File: 368 KB, 1242x674, 409C6B9D-0B7A-4D35-A6D9-5A7DB9037EB6.jpg [View same] [iqdb] [saucenao] [google]
50571021

>>50570887
Yellen is the literal jew changing the definition to fit her jewish agenda

>> No.50571229 [DELETED] 

>>50559012
howdy

>> No.50571302 [DELETED] 

>>50568944
the 1970 lasted till the 80s one
Or maybe it was the 80s-90s
I am talking about the crabbing period

>> No.50571565

>>50570105
>Consumers are flush with cash
They are flush with debt. Normoids thing debt is normal.

>> No.50571625

>>50570939
>YAH BUT THIS OUTDATED DEFINITION FROM A TIME GONE BY THAT IS NO LONGER RELEVANT TO THE MODERN WORLD AND UH... BECAUSE I SAID SO
Enough with the bullshit. There is no recession. Fuck off shill.

>> No.50572101

When has Yellen been right about anything?

>> No.50572118

>>50568762
Obama’s America

>> No.50572813

>>50571625
You're a dumb fucking nigger for ignoring facts aka definitions
Just because you say it's outdated doesn't mean it is. By your logic if the faggots say "recessions don't exist" you'd believe it because why not. You are mentally fucking disabled. Post your IQ, simpleton midwit retard.

>> No.50573056

>>50558368

Shut the fuck up you stupid moronic ugly piece of shit. How retarded are you? 2 negative Quarters of GDP in a row. It’s concrete. Only schill fags like you who love sucking Jew dem cock try to spin reality. Eat shit Schlomo

>> No.50573090
File: 56 KB, 401x372, 1648768326191.png [View same] [iqdb] [saucenao] [google]
50573090

>>50558130
>Nothing right now is screaming recession
The inverted bond yield curve is, fucktard.

>> No.50573449

>>50559038
Truth

>> No.50573503
File: 117 KB, 704x713, foto_no_exif.png [View same] [iqdb] [saucenao] [google]
50573503

>>50558130
> "With second-quarter GDP numbers due out Thursday"
Normies on Thursday:
> Who could have ever seen this coming!?!?!?!
When its literally right in front of them: https://www.atlantafed.org/cqer/research/gdpnow

>> No.50573777
File: 517 KB, 725x569, nope.png [View same] [iqdb] [saucenao] [google]
50573777

>>50572813
Seethe harder you cope posting retard. There is not nor will there be a recession announced this week. Be obsessed with anal sex and IQ all you wan't. It changes nothing.

>> No.50573803

>>50573777
Nigger. Facts > your feewings. If those jews say there is never going to be a recession, you'd eat it up because you have low IQ.
Again, post your IQ results. I want a good laugh.

>> No.50573820

>>50573056
The faggot is probably jewish tb'h

>> No.50573846

>>50573503
>every mention of the GPD on /biz/ lately: HAHAHAHA GDP IS A BULLSHIT TERM IT MEANS NOTHING
>mention on /biz/ a recession isn't happening: NO NO NO THERE IS A RECESSION SEE THE GPD IT MEANS EVERYTHING
Here is a reason the majority of 4chan refers to you idiots as /biz/tards. You literally retarded. How do you even manage to breathe with the amount of cognitive dissonance you must have to hold these two talking points in your head at the same time?

>> No.50573881

>>50573803
Thanks for giving me the space in your head rent free. I'll kick back up here a while and continue to enjoy your seething.

>> No.50573886

>>50558130
I'm not a bobotranny but it ahs to be said YOU ARE ONE DUMB NIGGER

>> No.50573893

>>50568944
We've been in recession since 2008

>> No.50573906
File: 22 KB, 678x381, https___bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com_public_images_581e7cb1-8ded-41bb-b596-af0905b3329b_678x381.jpg [View same] [iqdb] [saucenao] [google]
50573906

>>50568944
Reminder that Biden will be your president for the next 6 years.

>>50568857
>>50558488
>>50565622
>>50561518
You chuds are about to learn the real meaning of a recession. Biden's going to blow the doors off the definition and when you look up the word in the dictionary, it's going to have his smiling laughing face right next to it.

>> No.50573934

>>50573881
Post your IQ, sweetie :)

>> No.50573942

>>50558744
bot post

>> No.50573957

>>50561073
Try getting a job first, you seething commie loser.
GO DIALATE NOW

>> No.50574007

>>50570924
>i'll get you one day!!!!
>can't even "get" a job
Pathetic. It's like being threatened with civil war by someone who huffs and puffs going up the stairs to get more potato chips.

>> No.50574037
File: 12 KB, 480x360, bl.jpg [View same] [iqdb] [saucenao] [google]
50574037

>>50558130
jewish systems everywhere, jewish definitions everywhere, jewish tricks everywhere, everything is jewish and fake and gay in the developed nations they can change everything arbitrarily that's what the faggot kikes were striving for all the time to do as they are pleased without any resistance from the niggercattle livestock how did peoplse still not wake up from this somber dream is not beyond me because they are all redditors deep down and the least are channers the nwo has already happened in western countries

>> No.50574107
File: 44 KB, 800x450, 1511260177846.jpg [View same] [iqdb] [saucenao] [google]
50574107

>>50573934
>Post your IQ, sweetie :)

>> No.50574725

According to the cpi of rusty screws and sawdust we have maintained inflation at a steady 1%!!!!

>> No.50575247

>>50558542
This is shit b8 and you're still getting bites

>> No.50575344

>>50558130
US economy down 1.2% in the last six months.
>if we count 0.4% "growth" in the last quarter without taking the 1.6% fall into account in the first quarter then it isn't a recession.

Idiocracy is real and America is now ran by nigger-brained simpletons.

>> No.50575444

>>50559982
>>50560158
I appreciate these comments. I just want to let you anons know that

>> No.50575864

>>50563629
>Even if there was a recsession (there isn't) there is no god dammed sane reason to undertake these actions again after what has happened the past few years
they will pivot

>> No.50575991

>>50558803
You fucked up the bait with the Zestimate, it was decent until

>> No.50576189

>>50573846
GDP numbers are just telling us what everyone already feels like

>> No.50576361

>>50568446
>it using chud unironically
you're getting baited rather hard rn

>> No.50576618

>>50570193
>instead of looking at past data
Past data sayd the last recession was long and the effects are still being felt today e.g. labor force participation.

>> No.50576746
File: 26 KB, 459x307, 1599542503243.jpg [View same] [iqdb] [saucenao] [google]
50576746

this thread is comedic gold

>> No.50576870
File: 88 KB, 1188x727, fed housing chart.png [View same] [iqdb] [saucenao] [google]
50576870

>>50575991
>Housing prices haven't simply leveled they are collapsing
Not true at all. Zillow, CoreLogic and every source show clearly real estate is maintaining its value and demand. There is no pending housing market crash. If you weren't a coping rentoid seething over being priced out you'd know this.

>> No.50577715

>>50568060
Lower LFPR is actually ok because around 70% of the decrease is women leaving the workforce to stay home

>> No.50577835

Investments for recession times?

>> No.50578003
File: 63 KB, 680x523, 1656438401965.jpg [View same] [iqdb] [saucenao] [google]
50578003

>Vax - not jabbed
>Test - not taken
>Mask - not worn
>Grass - untouched
Recession is a uselessly lagging indicator, by the time you know you've had 2 quarters of downturn - recession - you may be out of it already.

>> No.50578036

>>50578003
I'm sorry but it's crashing with no survivors

>> No.50578369

The amount of people who shorted the bottom is amazing

>> No.50578647

>>50558300
It's okay though, the adults are back in chatge!

>> No.50578685

>>50578036
Do you have a shred of evidence to back up your claim?

>> No.50580500

>>50569115
You'd get dunked on by secret service sniper fire before you even got within 20 yards, and then joe would ban civilian ownership of guns the next day.

Sorry, you lose again, /pol/tardo.

>> No.50580527

>>50580500

>implying he hasn’t implanted a trigger word into Jills brain via hypnosis to carry out his orders.

>> No.50580547

>>50558130
>employment is high
>the gdp is down

this seems bad

>> No.50580994

>customers flush with cash
just not walmart's customers i guess

>> No.50581110

>>50558130
s

>> No.50581111
File: 411 KB, 1168x589, Chernobyl KGB Chairman Charkov.png [View same] [iqdb] [saucenao] [google]
50581111

Comrades, why worry about something that isn't going to happen?

>> No.50581758

>>50573942
>>50573957
>>50574007
seething jew haha

>> No.50581806

>>50558803
>bitcoin is going up
And the bait shatters and crumbles into a million pieces on the shit covered floor.

>> No.50581906

>>50574037
nailed it

>> No.50582364

>>50560052
Jobs will be almost impossible to find, if you're 16 or older go on and get a job NOW somewhere even if it's fast food. if not don't expect to get a even halfway decent job for at least 2 or 3 years, possible 4 plan your life accordingly and avoid student debt. Avoid big cities because as well as a recession we're seeing an 80s style surge in violent crimes in large cities rn and the general pattern says that's just going to get worse in the next few years.

>> No.50582516

>>50568944
Graph doesn't show that while the "economy" as a whole MIGHT recover in a year the way it happens is millions of regular people lose their shirts and corporations scoop up the vacated assets to recover with.

The consolidation will continue. After the assets are collected and recovery begins the lobbyists will be deployed to pull up the ladder by pushing carefully crafted regulations to prevent individuals from recovering the same way. Make no mistake the USA is living the dream of Italian Fascism, business and government working as one.

>> No.50583166

>>50558300
Checked, and the goylems will do nothing about it, as usual.

>> No.50584913
File: 147 KB, 960x580, 1626344661651.jpg [View same] [iqdb] [saucenao] [google]
50584913

2+ 2 = 5
THE SCIENCE HAS BEEN SETTLED

>> No.50585740
File: 22 KB, 474x394, 1651902848230.jpg [View same] [iqdb] [saucenao] [google]
50585740

>>50568944
>what if we just draw the 0% line really fucking low on the graph
Lies, damned lies, and statistics.

>> No.50586058

>>50573906
> president for the next 6 years.
checks approval rating - doubt ++

>> No.50586081

>>50558660
You are now manually aware that the word "holistic" can be used in different ways.

>> No.50586197

>>50558300
I hate jews so goddamn much it's unreal

>> No.50586211

>>50573906
He won't even be alive over the next 6 years. He's old, and has COVID.

>> No.50586262

>>50584913
really sad seeing you guys cope like this and basically go on your own version of the mueller report. Once the numbers start going up everyone here is going to FOMO like sheeple

>> No.50586289

"guys the people who personally benefit from a Recession not happening say that a recession isn't happening!

>> No.50586321

>>50558130
Unemployment is always extremely low at the start of a recession then rapidly climbs.

>> No.50586332

>>50558488
Reported for racism

>> No.50586394
File: 28 KB, 658x458, images (39).jpg [View same] [iqdb] [saucenao] [google]
50586394

Two plus two equals tomato.

>> No.50588142

>>50586321
Employment forecasts are great right now. Only dead weight employees are being laid off.

>> No.50588337

>>50588142
This! And inflation has peaked now that Putin's been put in his place! WAGMI Kadena sisters!

>> No.50588524
File: 74 KB, 828x704, 1656084180167.jpg [View same] [iqdb] [saucenao] [google]
50588524

>>50584913
Is the army still worth joining in America for the gibs?

>> No.50588532

You went to fart and a turd popped out. But that's a good thing. Here's why.

According to officials familiar with the fart, there was no poop. Far right extremists took to twitter declaring a turd during a fart is defecation, but fact checkers and experts disagree. "A small turd during a fart can lubricate the anal glands leading to cleaner emissions and reduced greenhouse gasses", says a report issued by top scientists from harvard university on Friday. A leading poll indicates at least 2/3 of americans may spend up to 3 hours a day with a turd in their pants. "I go to fart and it just slips out," says a local resident, "I dont worry about it, its barely noticed." Donald Trump in a racist statement to the press on Monday doubled down on the far right agenda to label fart turds as poops, and faced backlash from concerned Americans.

>> No.50588671

>>50568944
Impressive, very nice.
Now let's see Paul Allen's inflation adjusted graph.