Just when you thought it couldn't get any worse?
https://share.newsbreak.com/2bztdar1
"Housing is almost 20% of the US economy, and almost 20% of the US economy is in a recession right now that will continue into next year," he said.
https://share.newsbreak.com/2bztdar1
"Housing is almost 20% of the US economy, and almost 20% of the US economy is in a recession right now that will continue into next year," he said.
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justanothername · 51-55, M
checkoutanytime · M
@justanothername i know Europe is struggling economically as well. So you think its lingering effects of the pandemic, or what?
justanothername · 51-55, M
@checkoutanytime Covid caused lock downs globally which affected supply chains, it’s still affecting supply chains. The war and resulting sanctions are also impacting supply chains.
Covid spending initiated the seeds of inflation and the on going war is not helping anything. A slow down in oil production is impacting everyone every where with stupidily high gas prices.
All that fucks everything up for everyone everywhere.
Covid spending initiated the seeds of inflation and the on going war is not helping anything. A slow down in oil production is impacting everyone every where with stupidily high gas prices.
All that fucks everything up for everyone everywhere.
checkoutanytime · M
@justanothername so we should stop sending our corporations to China, and focus on national sustainability moving forward, and get away from global aspirations that cause these short cummings you are saying?
My state was not locked down. The state government employees were the only ones that didn't have to go to work, teachers.
My state was not locked down. The state government employees were the only ones that didn't have to go to work, teachers.
justanothername · 51-55, M
@checkoutanytime You don’t have to worry about that, the zero Covid lockdown mind set that China has adopted has impacted every US company with operations in China. They are all setting up elsewhere. Of course the bigger the operation the longer it takes to set up in another country.