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sybylla

(8,655 posts)

6. Since when do recessions last less than a year?

Reply to Jose Garcia (Original post)

Thu Apr 13, 2023, 02:14 PM

Apr 2023

I graduated high school during Reagan and I have yet to see a recession that didn't last for much longer than one year.

Powell and the conservative bankers are mihop-ing this thing on purpose, if you ask me. (And you didn't.)

As Shakespeare seemed to think lawyers were the biggest problem civilization faced. Maybe in the 1600s that's true. But Shakespeare never knew about business schools.

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Fed staff expects banking crisis to cause a recession this year [View all] Jose Garcia Apr 2023 OP

This message was self-deleted by its author Chin music Apr 2023 #1

Bingo. Banks with that attitude.,,,,, mjvpi Apr 2023 #3

Economics rule #1: The wage earners always pay. Chainfire Apr 2023 #2

Correct. The Mouth Apr 2023 #4

The fed has been paying interest to keep $2T+ out of the market BadgerKid Apr 2023 #5

Since when do recessions last less than a year? sybylla Apr 2023 #6

Early 2000s, early 1990s, the COVID recession ... Igel Apr 2023 #7

Interest rate cuts will be coming soon. roamer65 Apr 2023 #8