It would be smart for Europe to prepare to work together militarily without the US. Politics in the US seem to be insane and unpredictable so it would be good to have a contingency.
Oh it’s here, but the economists most news agencies talk to only look at rich people metrics like stock prices and meaningless poor people metrics like unemplyment %.
Except Real Wages, incidence of home ownership, full-time employment, and GDP per capita are all up. This all while inflation continues to drop and has never risen anywhere near the levels seen abroad.
Hey Trump’s think tank said the same thing yesterday!
But The Telegraph is a highly respected news source, isn’t it?
The Daily Telegraph is politically conservative and has endorsed the Conservative Party at every UK general election since 1945.[48][49] The personal links between the paper’s editors and the leadership of the Conservative Party, along with the paper’s generally right-wing stance and influence over Conservative activists, have led the paper commonly to be referred to, especially in Private Eye, as the Torygraph.[48]
Yea, and Jerome Powell is a Republican. If you think I’m trying to make this seem like Biden’s fault, it has nothing to do with the Executive branch of the government.
Inverted yield curve has predicted every previous recession and it’s as inverted as it was before the 1980s recession. Now people are simply saying it’s no longer reliable. 🥴
My opinion is that the COVID pandemic wasn’t the recession it should have been. We should have entered a recession alongside the pandemic, but instead the government printed a fuck ton of money and pumped it straight into the economy. This led to increased inflation and the situation we’re in now. That’s why the grey line in 2020 is so thin, and why the yield curve is so deeply inverted now. They basically postponed it by about 4 years.
The total public debt helps explain why there wasn’t a recession:
Interesting. How soon after an inversion does a recession need to happen for it to be considered “predicted”? It looks like the longest in your chart is the recession ~2 yrs after the 1978 inversion. The most recent inversion was July 2022. If we’re not in recession by this summer, will that still be “predicted”? 2025? 2026?
It’s never been the same amount of time since the beginning of the inversion, but there has always been a recession after the inversion goes back to normal. There are a lot of events that are building up that will bring the recession, it will happen over time. My guess is within the next 6-12 months.
I don’t think that really answers my question. Saying “there is always a recession after an inversion” is incredibly vague. The only scenario that wouldn’t happen is if we somehow fixed the economy perfectly & never had a recession every again ever. But if a recession happens 100 years after an inversion, it’s farfetched to say the inversion predicted it. Where’s the line?
Valid criticism is appreciated and I’ve changed my mind on the genocide going on. That said, when one submits only posts or comments pushing a single narrative to the exclusion of criticizing any other politician, it’s obvious they are a propagandist.
I wouldn’t say average lemmy user, but I have noticed a huge influx of astroturfers looking to gentrify lemmy and make it into another reddit (see r/politics for a prime example of that crap). It started with the shrieking demands to defederate from “tankie” instances.
All I see is “Thanks, trumptards”. Perhaps he edited his post or something, but I don’t get the impression he’s the one doing mental gymnastics on this.
I would venture to guess it’s because this time around might not have existed in the first place if Trump didn’t invest so much of his presidential attention to stroking Putin’s ego and having secret meetings with him in Helsinki.
But what do I know? I just wanted to tell you that you were doing more mental gymnastics than the other guy.
Wouldn’t have existed if Biden and the UK didn’t tell Zelensky to abort peace negotiations in 2022 because “they got Ukraine’s back” . Now we see they did not in fact “got Ukraine’s back”.
Biden is only on his knees for Netanyahu giving him as many Genocide bombs as possible.
You’re not wrong, but which came first, Biden & UK saying that stuff to Zelensky, or Trump getting cozy with Putin on Twitter, meeting with him privately in Helsinki, Russia’s election interference, and Trump’s insurrection attempt, and Russia’s invasion of Ukraine? Maybe I’m just not clear on the timeline. Would you mind putting those in chronological order for me?
Putin invaded Ukraine because NATO tried to invite Ukraine which went against the deal with Russia.
Blaming that on the orange man who just slushed some cash away to mar-a-lago is saying a lot about how much the average Biden voter understands about Geopolitics
Ah my bad. It’s still early in my part of the world. So hadn’t Trump also been talking about NATO in a manner that kind of undermined its strength and encouraged an attack from Russia during his presidency as well?
I see. It was kind of Ukraine’s choice, but US and UK saying they’d have Ukraine’s back probably tipped the scales significantly. I understand why Putin wouldn’t want such a close neighbor being a NATO member, and preemptively laid claim to the territory and started a war that (surprise, surprise) US and UK don’t like financing. Still, I think Putin might not have been so bold if Trump wasn’t such a fanboy and there had been some actual repurcussions for Crimea under Obama.
Possibly but if Biden actually cared he could have sent them far more weapons by now. Instead Ukraine seems to be used to bleed Russia dry and when all the Ukrainians are dead cannon fodder America is just going to leave it.
Currently Biden is able to send weapons to Ukraine just like how he did for israel, yet Biden is not using those options.
No it’s quite clear this is their actual reason. They offered a truce for it.
In any case since you’re so smart go tell Biden to send weapons to Ukraine. Since Biden is so committed to infinite war at least give the Ukrainians something more than a few sticks to fight with.
Actually it’s a reason they invented after the fact. The initial reason were supposed to be “Ukranian terror attacks in Russia” which were going to be false flags by Russia themselves, but UK and USA called them out on it in advance and then they invented different reasons. If they had a legitimate reason from the start it would have been the one they lead with when invading, and yet the did not.
They have lied and lied and lied, and additionally they have ALSO broken numerous ceasefires.
Putin personally want to restore old Russia, that’s the only reason for the war. He’s the one who can end it right away.
I’m not American, I don’t have any influence over that.
Yep because they got leaked. Real sad that Biden is using the same dirty tactic Trump used to secretly sell weapons to Saudi. But of course Biden does it to support Genocide, not help Ukraine. And Biden recently passed the free israel money without Ukraine in the bill. Because Joe Biden does not seem to care about Ukraine at all aside from optics.
Strange when Trump did this to secretly sell weapons to Saudi it was a massive scandal and we all really cared about it. But if Biden does it it’s fine because only Trump would do violate his presidential powers this hard.
By the way do show me the receipts of these sales if they aren’t secret.
Hmmm I wonder who is responsible for the aid money not going to Ukraine. Couldn’t have been republicans refusing to vote for it. Nope… That can’t be it
Oh look there’s still someone left that believes in the fairy tale of voting and the President not being able to bypass congress after being directly demonstrated of the opposite.
“Anyone pointing out inconvenient facts is a Russian plant” is a stupid argument to make. I do see all the mindless upvotes you’re getting while seeing all the mindless downvotes others who are actually citing facts are getting and it makes me wonder if the regular astroturfers from reddit have added lemmy to their list of sites.
telegraph.co.uk
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