I’ve read a good amount about this, and while by traditional measures there isn’t technically a recession, many real‑world signs make it feel like one. What do we think? I don’t think this breaks the 6 rule, it’s an economic question.
I’ve read a good amount about this, and while by traditional measures there isn’t technically a recession, many real‑world signs make it feel like one. What do we think? I don’t think this breaks the 6 rule, it’s an economic question.
If AI wasn’t propping up the numbers, we’d be officially in a recession
Remember. AI doesn’t create value, it steals it from others.
In the stock market it does both!
Makes you wonder whether the calculations serve anyone other than the top 0.1%.
Their portfolios bring up the average for the US because some swinging dicks decided that a (temporarily) decisive strategic advantage in faster calculators makes the graph look “good.”
Meanwhile, people are hungry, getting furloughed, evicted, bombed, arrested, bound, gagged, and shot in America. Democratic institutions, the fundamental raison d’être for the American experiment, are undermined, bulldozed, disregarded, or blown up.
That’s fine, they say. That’s who and what they VOTED for. That’s the mandate, they say.
Horseshit, I say.
Surely the definition of ‘recession’ would just be changed again. Easier to move goal posts than to admit you lead the horse to a mirage.