Late Stage Capitalism

28 readers

1 users here now

founded 5 years ago

MODERATORS

[email protected]

Back to stagflation? (zcomm.org)

submitted 3 years ago by [email protected] to c/[email protected]

8 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 3 years ago

Yeah technically there wasn't, a slowdown for sure at the start of the pandemic becoming global in 2020 but that's about it. There's definitely one coming soon for sure.

However I always take issue with bourgeois economists saying that a few years after 2008 was when the economy began to rise again. Sure if you go by the stock market and other such metrics it wasn't 2008, but the rebound basically affected businesses; I saw very little difference in improvement for the working class post-2008.

permalink
fedilink
source
parent