0 sats \ 2 replies \ @kr 13 Jun 2022 \ parent \ on: Where do we go from here? bitcoin
Basically, it's gonna suck.
If the economy is going through a dark tunnel of pain right now, how far away is the light on the other side? Are we halfway there yet?
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133 sats \ 1 reply \ @jp 13 Jun 2022
I dont have the source on-hand, but generally it takes ~2+ years to fully recover from a recession
Recessions are also backwards looking. You wont fully know you're in a recession until you have consistent GDP degradation (which is a lagging indicator).
https://fred.stlouisfed.org/series/RECPROUSM156N
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3 sats \ 0 replies \ @Coinosphere 14 Jun 2022
This will be nothing like the recessions in years past... It may be too painful to even call a Despression...
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