i hate this mindless repugnant fool


Democrats  are living proof  that the indians  fucked  buffalo ......pure and simple  ...you all needa  good  fucking kick in the vagina ..........notice i said  vagina  .....becasue  real men  have balls  .......democrats  do not have  balls  all  pussies ........you have  no idea  about anything ........ you voted  because you were scared....... pussied out .......or your mommies made you ........   shamefull  wretched  group of  humans  .......... i would never  become an  american  ,,,,its   disgusting  

3 big reasons why a 2022 recession would be like no other in history

3 big reasons why a 2022 recession would be like no other in history
3 big reasons why a 2022 recession would be like no other in history

No two recessions are alike. But the potential recession in 2022 is looking like the most unique one we’ve ever seen.

Some traditional signs of an economic slowdown are already upon us. U.S. GDP has shrunk for two quarters in a row — the textbook definition of a technical recession.

Meanwhile, homebuilding activity has plummeted while consumer confidence is at its lowest point since the pandemic erupted. However, President Joe Biden said on Thursday that the nation remains "on the right path."

Here are three big reasons why the upcoming recession is different.

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The labor market is robust

In most recessions, economic output and employment decline simultaneously. Lower revenue compels businesses to cut back on staff, which leads to higher unemployment. Ultimately, higher unemployment leads to lower consumer spending and that creates a vicious cycle.

In 2022, however, unemployment is still at a record low. The official unemployment rate in July was 3.5% – matching a 50-year low reached just before the pandemic. A robust job market is “historically unusual” during a recession, according to economists at Goldman Sachs.

This unusually strong job market could be deriving strength from another unusual source: corporate financial strength.

Companies are cash-rich

Corporations see a decline in sales and earnings during recessions. That process may have already started. However, U.S. corporations are sustaining profits and sitting on an immense cash hoard going into this recession.

The average U.S. corporation’s after-tax profit margin is around 16% right now. In traditional recessions, this rate drops down to single digits. Meanwhile, these corporations are collectively sitting on over $4 trillion in cash. That’s a record level and also highly unusual for a recessionary environment.


 








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