Recession!!!
Why is everyone so positive about recession? Why can't it be that there is no recession at all? Is it just some tricks that government play to control inflation! Or is it triggered by top most rich people/corporates to gain monetary benefits after recession! Thoughts...
Da fuq?! Colleges should require basic courses in economics. People on Blind starting to sound like illiterates.
Welcome to the internet; when common folk get on the nets.
Problem is, these aren’t the common folk. These are the (supposed) STEM minds of the nation and the top 10% income strata.
Watch this https://youtu.be/PHe0bXAIuk0 and thank me for educating you!
You should go back to school and take a class on macro and micro economics. Then and only then, you will realize how infantile and illiterate your comment is. By the way, I come from a south American country (not Venezuela) and at current inflation rates (2 to 2.5%), we should be counting our blessings. Where I came from, we "enjoyed" more than 300% annual inflation and lived nonetheless. Or you could still try Venezuela at an annual rate of more than 7 million percent. Also, my experience with governments trying to control inflationary tendencies almost always end up with the opposite: deflation. So you have a choice of poisons you can try. However, please educate yourself about macro and micro economics before you further comment on these topics.
It's obvious that when people have questions it's the desire to learn that makes them ask questions. I prefer getting inputs from learned than reading it by myself (cause I stuck at reading). But people like you, instead of helping others to learn, just showcase how knowledgeable you are by criticism. Atleast am glad I found few who were ready to educate the illiterate 🤞
Wknu08, I'm not one who entertains political correctness or have any compassion for the snowflakes who get offended because they get confronted with the grim reality of their own shortcomings. I shoot straight and tell it like it is without any sugarcoating because in the real world that is how adults behave. If you don't like it go to a safe place and ask for nice language from other nambypanbies living in some alternate reality.
Just know this, no one can predict the future. You should stop looking at other people’s opinions as sound advice
Some people , though rarely, do. Look up who predicted 2008 market crash, the win of Trump, etc. They have models for this sort of things.
For all those of you commented about literacy , I know I am illiterate so trying to become literate by hearing from brilliant people like you 🙏.. any help from you guys would be appreciated
House market in Bay Area is definitely going down, though very slowly.
It's specifically some pockets that are going down and not everywhere. I would rather say the inflation on prices is going down but not the absolute price.
I have exactly same thought.. thanks for helping me by converting it to a post 👍