Gwen Snyder is uncivilJul 12, 2023

Can we please, for the love of God, finally admit that mainstream economists are just astrologists for Wall Street bros

https://www.nytimes.com/2023/07/11/opinion/us-recession-yield-curve.html

Opinion | The U.S. Economy Looked Like it Was in for a Recession. It Wasn’t.

A tale of a disaster wrongly foretold.

The New York Times
Show threadNicole Parsons

@gwensnyder

Republican billionaire donors spent a year trying to wish cast a recession into existence.

For a year, over a dozen billionaires spent time doomcrying on business news hoping to orchestrate a timely 2024 recession.

Hedge fund managers, like Chris Hohn & Google, even ordered profitable companies to do mass layoffs in hopes they could trigger a contagious recession.

These gambits to destabilize democracy for self-enrichment all failed.

Jul 12, 2023 at 2:10pmWeb
Show threadJoshua A.C. NewmanJul 12, 2023
@Npars01 @gwensnyder Peter Thiel was of course vocally supportive and crashed a bank deliberately.