People are not looking at the current picture. A rate hike may not be in the picture . The current rake hikes we have seen are pushing some companies and consumers out of work or cutting back hours. As you can see we are in a recession. People are finding ways to save money or cut costs due to the inflation. Inflation can be a double edged sword.
@gmv05533 ай бұрын
If you think this is a recession, then you must have been in a coma during the last several recessions!
@Jeremymich19853 ай бұрын
@@gmv0553Well the 2008 recession I loss my job. My job went overseas for cheaper labor. During that time we were in a mild recession. But we both have our own opinions about situations. I will not judge one’s opinion. I will sit back and watch what this roller coaster will take us. Only time will tell. I appreciate your outlook on the economy. 😊
@ralify3 ай бұрын
The labor market is doing ok? How delusional, they see all of those fake job postings and think it's ok :DD