RandAlThor@lemmy.ca to World News@lemmy.worldEnglish · 3 months agoUS tariffs will weaken global economy and trigger inflation but not a global recession, IMF saysapnews.comexternal-linkmessage-square11fedilinkarrow-up1100
arrow-up1100external-linkUS tariffs will weaken global economy and trigger inflation but not a global recession, IMF saysapnews.comRandAlThor@lemmy.ca to World News@lemmy.worldEnglish · 3 months agomessage-square11fedilink
minus-squareCarmakazi@lemmy.worldlinkfedilinkEnglisharrow-up31·3 months 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-up6·3 months 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.