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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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56907507 No.56907507 [Reply] [Original]

Why did these retarded economists say that there was going to be a recession in early 2023 this time last year? We're now in the last month of 2023 and nothing has happened. Why did they fail so badly in their predictions?

>> No.56907514

dont know. stocks crypto and real estate will literally never go down ever again

>> No.56907518

cuz they retarded

>> No.56907538

>>56907507
Because we literally were in a recession?
Two Quarters of decreasing GPD growth, inflation up the ass. All that we've accumulated doesn't go away just because some of the current numbers are lower. You are only gaslighting yourself OP

>> No.56907560

>>56907507
No one thought Biden's administration was that retarded to pump up more debt obligations. I keep reminding people the old turd tried to influence the Federal reserve to hire in some literal ex-commie woman to the presidential chair to inflate for them. Also a few hedgfundies, some retired fed chairs, and gay bears were on the same side for a moment. Dat autist pictured is right but always early(lol).

>> No.56907574

>>56907507
Have you been to Europe? The economy here is fucked dude

>> No.56907613

>>56907538
If this is a recession then I am a woman

>> No.56907617

>>56907507

Recession is just negative gdp for 2 quarters so we technically are in one, but stocks and shitcoins can still pump ez

>> No.56907627

soft landing akin to what happened in the early 90s.

>> No.56907631

They're masters at gaslighting the wage cattle aka normies. They knew there would be no recession, as they were saying "SEVERE RECESSION COMING" when there already was a recession in 2022.

>> No.56907758
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56907758

>>56907507
They have kept creating liquidity through public spending and doubling down on the debt. People that had savings have spent most of it and the credit card debt has skyrocketed.

>> No.56907799

There already was one

>> No.56908053

>>56907507
They were right that there was going to be a recession, and some of the people who paid attention to their predictions acted on them in order to delay the recession for another year or two with all the latest bullshit -- pandemic, lockdowns, protests, UFOs, wars -- while making money a little bit longer before the whole shithouse goes up in flames.

All of the crazy shit that's been in the news cycle for the last four years has been to *delay* the *inevitable* recession which we are indeed on the brink of.

>> No.56908274

>>56907613
You will never be a real man.

>> No.56908369

>>56907631
There was a recession, it just wasnt the 2008 bears wanted.

>> No.56908416

>>56907507
this retarded specifically made enough money to short the rest of his life and profit from crises, so I wouldn't copy trade him

>> No.56908442

>>56907507
This retarded looking faggot had a movie made about him. You really don't think his whole game is influencing normoids like you?

>> No.56908452

>>56907507
I had friends and family that had to be homeless for lengthy periods of time this year. There was a recession and this is your only warning that shit is about to hit the fan if inequality remains this distinct.

Not necessarily because of an uprising but because too many bad people have too much power. wagies are just pawns.

>> No.56908502
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56908502

I still haven't got a real answer to this

>> No.56908551

>>56908502
C) because they don't understand that you can make money of of B

>> No.56908697

effects of rate hikes are more long and variable than ever, but economists thought they would happen overnight

>> No.56909645

>>56908697
That's you listening to what you want to hear.

>> No.56909675

>>56907613
quiet bitch

>> No.56909693

>>56908053
>Two more news cycle weeks!

>> No.56909701

>>56907799
Recession was 2022 to now.
If nothing breaks, 2024 is going to be recovery mode.

>> No.56909703

>>56907574
Way too fucking much.
If this keeps going on, there's going to be a realstate crash

>> No.56909748

>>56907507
We had a technical recession in 2022 and crazy inflation. Instead of unemployment we got people getting taxed on their economies and wages by the magic money printer.

>> No.56909765
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56909765

>>56909748
And next year we'll turn the money printer back on!!!! Yeeaahhhh

>> No.56909809

>>56907613
Tits or gtfo

>> No.56910672

>>56907574
China and Europe, the two biggest economies after US is undergoing a recession. It is only a matter of time the US follows in 2024 when manufacturing globally is down.