pull down to refresh

0 sats \ 0 replies \ @orthzar 11 Nov 2022 \ on: Loan Demand For Mortgage Loans Crashes To Depression Levels bitcoin
Shot:
most banks assigned probabilities between 40 and 80 percent to the likelihood of a recession in the next 12 months
Chaser:
most banks reported expecting the recession to be mild to moderate
I'm not a data-driven guy, but even a casual perusal of relevant data (e.g. sovereign debt to GDP ratios, global inflation numbers) suggests that this "recession" is not going to be remotely mild or moderate.
write
preview