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1 sat \ 0 replies \ @cryptocoin 15 Jun 2022 \ parent \ on: How is this recession going to play out? bitcoin
The U.S. finally bounced out of the "great recession" thanks to fracking.
If there's no access to more energy, the economy doesn't have what it needs to grow. Relative to other economies, even standing in place, the U.S. may look like like it is holding its own, but in my opinion, don't expect this to be either short-lived or of minimal consequence.