this post was submitted on 16 Feb 2024
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Economics

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Recession has struck some of the world's top economies. The US keeps defying expectations (apnews.com)
submitted 10 months ago by farcaster to c/economics
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[–] antidote101 4 points 10 months ago* (last edited 10 months ago)

Japan was fighting a 25 year battle with deflation, and so a recession is probably part of ending that battle.

The UK has been warning they're about to have a recession since Liz Truss was in power, and that was a while ago.

So I don't think "doomerism" is the place to go with this.