Hacker News new | ask | show | jobs
by arbitrary_name 1427 days ago
People keep saying this but i really don't see it: we have only one quarter of reduced GDP growth, unemployment is near record lows, corporate profits are strong or merely stung by supply chain issues.

Where is this giant recession?

Equity prices are not representative of economic performance, and needed to be corrected anyway...

1 comments

Almost all large companies doing huge layoffs.

Projected famine.

Record breaking inflation.

Big increase in homelessness and crime.

Some countries absolutely falling apart.

Other countries just "too big to fail" (but not to big to threaten WWIII).

You and I live in parallel universes apparently.