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by thehumanmeat 161 days ago
My hotter take: We've been in a depression since '08 https://fred.stlouisfed.org/graph/?g=cMV
3 comments

What if some of the population is experiencing a depression, some are in a recession, some are in stagnation, and some are experiencing an expansion?
I don’t know about the US but growth in the UK has been anaemic since the financial crisis.
>excluding current transfer receipts

Why was this metric chosen? What does showing that current transfer receipts grew show we're "in a depression"?