I’ve read a good amount about this, and while by traditional measures there isn’t technically a recession, many real‑world signs make it feel like one. What do we think? I don’t think this breaks the 6 rule, it’s an economic question.
I’ve read a good amount about this, and while by traditional measures there isn’t technically a recession, many real‑world signs make it feel like one. What do we think? I don’t think this breaks the 6 rule, it’s an economic question.
a recession means you might lose your job
a depression means you might lose everything
unless you own it, it can be taken from you in both scenarios.
When you say it like that and I think of my generation and younger that is stuck renting and student loans… maybe I don’t actually own much of anything and if this pattern continues for a long time I could lose everything? I wonder how many more are like me in the same boat. But yeah, for now, it’s not that severe. Thanks for the perspective and help.