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by threeseed 442 days ago
> whilst internationally it's almost entirely "this is catastrophic change"

Of course it is. Because the chance of a global recession is about 50% now.

Which means millions of people are going to lose their jobs, businesses will collapse, governments will go into deficit and cut services and there will be needless suffering only a few years after COVID.

1 comments

I think the recession is already happening, if you look at the markets. The US has suddenly imposed huge sanctions on itself.