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How Deep & How Long

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  1. #1

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    How Deep & How Long

    For the last 30 years printing cash has been the primary tool to mitigate recessions. Massive productivity gains and off-shoring helped keep inflation down.

    Is a recession is brewing. How deep and how long will it be?

    https://edition.cnn.com/2022/08/22/e...ion/index.html

    https://www.bloomberg.com/opinion/ar...arder-to-avoid


  2. #2

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    Are you talking US or HK or what?


  3. #3

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    Quote Originally Posted by hullexile:
    Are you talking US or HK or what?
    Globally

  4. #4

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    "How deep and how long". Well it's a matter of taste I would say, and how you use it. Wait what? I just read your post!


  5. #5

    Depends on the angle

    Plutark and rkenia852 like this.

  6. #6

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    Quote Originally Posted by East_coast:
    Globally
    Well then it will vary

  7. #7

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    Its been a long time coming. Bubbles of money in USA, UK, Australia given out during the pandemic drove up stock and housing prices. Productivity has fallen due to covid. Education has fallen in many countries - anti poverty drives badly affected. The macros are all bad - inflation, high commodity prices, energy, war. I think this will be as bad as it gets and take about 5 years to work out of the system.


  8. #8

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    On the behavioral side Thaler goes... What recession? (Sort of...)



    Nobel Prize-winning economist Richard Thaler says the U.S. may have recorded two successive quarters of economic contraction, but it's "just funny" to describe it as being a recession.

    "I don't see anything that resembles a recession. We have record low unemployment, record high vacancies. That looks like a strong economy," Thaler told CNBC's Julianna Tatelbaum on Wednesday.


    "The economy is growing, it's just growing slightly less fast than prices. And that means real GDP fell a little bit, but I think it's just funny to call that a recession," he said. "It's not like any recession we've seen in my rather long lifetime."
    https://www.cnbc.com/2022/08/25/rich...ecession-.html
    hullexile likes this.

  9. #9