For the sake of argument I’ll steelman your argument and assume it’s 100% true. Do you think this is sustainable long term as a bunch of nations’ markets are crashing and the US faces a new recession?
I don’t know what sovereignty has to do with markets or recessions. National security is always going to triumph over any other concern, especially when a foreign despot is out there to take over your country. This has been and continues to be a popular notion.
bunch of nations’ markets are crashing and the US faces a new recession?
Bruh, we’ve been seeing signals of recession for over 2 years. Jumpy stock markets saw a number they didn’t like and jumped. Whether or not we actually see a recession remains to be seen and depends a lot on how much less jumpy institutions react to the jumpy stock market’s reaction
Economic forecasts and financial decisions by institutions are already factoring in an expected rate cut on September, so I suspect it’s far too soon to be doomsaying that the next recession is here today
For the sake of argument I’ll steelman your argument and assume it’s 100% true. Do you think this is sustainable long term as a bunch of nations’ markets are crashing and the US faces a new recession?
I don’t know what sovereignty has to do with markets or recessions. National security is always going to triumph over any other concern, especially when a foreign despot is out there to take over your country. This has been and continues to be a popular notion.
Bruh, we’ve been seeing signals of recession for over 2 years. Jumpy stock markets saw a number they didn’t like and jumped. Whether or not we actually see a recession remains to be seen and depends a lot on how much less jumpy institutions react to the jumpy stock market’s reaction
Economic forecasts and financial decisions by institutions are already factoring in an expected rate cut on September, so I suspect it’s far too soon to be doomsaying that the next recession is here today