- BitsBlog - https://bitsblog.com -

Apparently, Whether Or Not We are in a Recession Depends on Who’s in Power.

I’m old enough to remember that in 2022 the Nasdaq dropped 30% and the S&P 500 was down 20% and the media spent the year telling us that we weren’t in a recession and in fact the definition of a recession we had always used wasn’t actually correct.

So there was a market correction, followed by another correction the following day and suddenly we’re not hearing anything from the keyboard warriors who despite being unable to pay for their college loans, now consider themselves to be financial experts.

Ladies and gentlemen this has got to be the shortest “recession” in American history