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by rsynnott 1052 days ago
A combination of fiscal policy (money is literally expensive at the moment, as central banks raise interest rates to combat inflation) and fear (a lot of people have been expecting a recession any day now for the last year, though it keeps getting postponed, and may yet be the recession that never was; while a good few countries dipped briefly into technical recession this year, fear of another proper global recession does seem to be abating a bit).