this post was submitted on 13 Feb 2024

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chapotraphouse

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We are entering the Cool Zone. (hexbear.net)

submitted 9 months ago by Yuritopiaposadism@hexbear.net to c/chapotraphouse@hexbear.net

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https://www.businessinsider.com/recession-outlook-financial-crisis-economy-federal-reserve-yield-curve-rosenberg-2024-2

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[–] Hestia@hexbear.net 13 points 9 months ago (1 children)

Maybe because they're spread out too thin and quickly losing control over the global south, the place they have raped and pillaged for all their wealth for as long as capitalism has plagued the world.

[–] plinky@hexbear.net 10 points 9 months ago

Global south is getting dicked by interest rates, so they are ready to sell commodities at cheap-ish prices, and buy dear, same as usual. Nobody is wilding out at the system (defaulting/ignoring ip laws etc)