The recession should probably be here by now

https://lemm.ee/post/5353915

The recession should probably be here by now - lemm.ee

It already is and has been for a while for most of us. Stocks might not be down but that’s largely because of inflated earnings. The rich have gotten richer though

Using the stock market to measure a recession has to account for continually rising rates at which money is rented. If you can see pretty massive cases of consumer level inflation while businesses struggle, you already have a hole money is leaving.

Watching the evergrande saga unwind over the course of years should give an idea to the extent of run time it will take to see results, especially when it is in the interest of investors to prop up value.