'Starting point for the economy': RBC economist Nathan Janzen discusses factors behind the recession prediction.
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palapalplaaa 🙄
Economists have successfully predicted 13 of the last 3 recessions. Slightly less accurate than the weatherman.
@Forty Two Real economists also know that inflating the currency supply causes inflation.
🤣😅🤣😅🤣
@Primmakin Sofis This could have been something ol Nathan could have flapped about
@Forty Two Karl is so heavily invested and knows he’s losing his shirt this year! One shouldn’t turn a blind eye to the numbers/inflated markets!
Except we’re already in recession. GDP negative for 2 quarters now. Textbook definition.
Because of our incompetent government that’s why
@B F don’t bother replying to this person. Generally every political opposition around the world is using this as an excuse to attack those in power even though it’s happening everywhere.
@TeeSeeDubs wrong
It’s intentional!
She is as incompetent as the government
Oh, he works for RBC? You can surely believe everything he says
yes we sure can
He just predicted something that’s already started. What a genius!
@TourCaddie My uncle did the same
When Tim Horton’s coffee prices increase, then we’re in trouble.
It’s a robbery not a recession
Why is it that they keep saying we are coming to a recession? Are we not already in a recession?
No. Not yet.
Justin Justin justinflation
still need an explanation? LoL
We are already in one folks
That is true. Economic reports and inflation numbers usually lag the real economy by at least 1-2 quarters