RandAlThor@lemmy.ca to World News@lemmy.worldEnglish · 10 days agoUS tariffs will weaken global economy and trigger inflation but not a global recession, IMF saysapnews.comexternal-linkmessage-square11fedilinkarrow-up1101arrow-down12
arrow-up199arrow-down1external-linkUS tariffs will weaken global economy and trigger inflation but not a global recession, IMF saysapnews.comRandAlThor@lemmy.ca to World News@lemmy.worldEnglish · 10 days agomessage-square11fedilink
minus-squareCarmakazi@lemmy.worldlinkfedilinkEnglisharrow-up31·10 days agoAnnouncements like this are the equivalent of police saying “everybody remain calm!” They are the institution. It’s not like they’re ever going to say “Yeah, shit’s fucked, guys. Pull all your money out and invest in canned goods and ammunition.”
minus-squareStinkyFingerItchyBum@lemmy.calinkfedilinkEnglisharrow-up6·10 days agoCanned goods and ammunition are still part of GDP. Maybe they are just saying the economy will shift from a consumer economy to a prepper economy.
Announcements like this are the equivalent of police saying “everybody remain calm!”
They are the institution. It’s not like they’re ever going to say “Yeah, shit’s fucked, guys. Pull all your money out and invest in canned goods and ammunition.”
Canned goods and ammunition are still part of GDP. Maybe they are just saying the economy will shift from a consumer economy to a prepper economy.