Sean Kleefeld on Nostr: I'll point out -- because news media are PHENOMENALLY bad at mentioning this -- that ...
I'll point out -- because news media are PHENOMENALLY bad at mentioning this -- that recessions can only be declared retroactively BY DEFINITION. Meaning that when one is officially declared, you've already been in it for at least six months.
I'd bet we're already in one right now.
https://www.newsweek.com/recession-probability-surges-93-ubs-2125230Published at
2025-09-09 02:26:32 UTCEvent JSON
{
"id": "4d4b004102ae4e162594cc79bcc892ef971d5bb6cea4c58e17801a4b3f90c817",
"pubkey": "e2cdb1d75834aa0e9017fa141f62f7938bc6d4e2b127fc8598adabed63334200",
"created_at": 1757384792,
"kind": 1,
"tags": [
[
"proxy",
"https://mastodon.social/@SKleefeld/115171969731111783",
"web"
],
[
"proxy",
"https://mastodon.social/users/SKleefeld/statuses/115171969731111783",
"activitypub"
],
[
"L",
"pink.momostr"
],
[
"l",
"pink.momostr.activitypub:https://mastodon.social/users/SKleefeld/statuses/115171969731111783",
"pink.momostr"
],
[
"-"
]
],
"content": "I'll point out -- because news media are PHENOMENALLY bad at mentioning this -- that recessions can only be declared retroactively BY DEFINITION. Meaning that when one is officially declared, you've already been in it for at least six months.\n\nI'd bet we're already in one right now.\n\nhttps://www.newsweek.com/recession-probability-surges-93-ubs-2125230",
"sig": "e3a1fadd46d7dcb6db81c8eb6664fb39316fb3f56f64f65bc5cb249bad66ae373f550456f46383d8b598274ba03400bc1bdeae4cdf6ede6bd465cd2bbcd9b9b4"
}