The Official Recession 2022 TLR Thread

[North of Death]

How Do Economists Determine Whether the Economy Is in a Recession? | The White House

What is a recession? While some maintain that two consecutive quarters of falling real GDP constitute a recession, that is neither the official definition

www.whitehouse.gov

Biden Team’s Take on ‘Technical Recession’: It’s Not Real

www.bloomberg.com

 

[Asicz]

Coli brehs LOVE potential economic crashes

 

[North of Death]

Officially a Recession

Gross Domestic Product | U.S. Bureau of Economic Analysis (BEA)

www.bea.gov

 

[CrimsonTider]

Officially a Recession

Gross Domestic Product | U.S. Bureau of Economic Analysis (BEA)

www.bea.gov

This is not a recession

 

[North of Death]

This is not a recession

Two negative GDP growth is a recession

 

[JamesJabdi]

We in here....recession before 2024...
Save your money and get ready for the worst.

 

[Billy Ocean]

Meh...felt like we was already in a recession anyways.

 

[CrimsonTider]

Two negative GDP growth is a recession

That’s a textbook definition

But what is a recession with historically low unemployment and high demand?

How do you have a actual recession without high unemployment?

 

[CrimsonTider]

Meh...felt like we was already in a recession anyways.

No it did not

 

[kingdizzy01]

still got all the stimulus money i aint touched for this exact reason

 

[Wildhundreds]

still got all the stimulus money i aint touched for this exact reason

Given people stimulus money who didn't need it is why we're fcked up now.

 

[North of Death]

Meh...felt like we was already in a recession anyways.

Its technically been a recession for the last 6 months...this just confirms it

 

[North of Death]

That’s a textbook definition

But what is a recession with historically low unemployment and high demand?

How do you have a actual recession without high unemployment?

The high unemployment will come after the Fiscal year takes place in September you dumb fukk

 

[kingdizzy01]

Given people stimulus money who didn't need it is why we're fcked up now.

exactly. i knew it back then that they were gonna come back for all that, the gov aint giving out free money to the people without getting something in return

 

[The Observer]

Coli brehs LOVE potential economic crashes

Most of them are bums with nothing to lose.