▲ 84 ▼ Will 2025 be better or worse than 2024? (lemmy.world) submitted 2 years ago by Camzing@lemmy.world to c/asklemmy@lemmy.world 92 comments fedilink hide all child comments
[–] shortwavesurfer@lemmy.zip 14 points 2 years ago (1 child) Depends on where you live. If you're in the United States, you should definitely be preparing for a imminent incoming recession. permalink fedilink source hideshow 2 child comments replies: [–] GiddyGap@lemm.ee 1 point 2 years ago (1 child) Feel like I've heard this constantly for the last 2-3 years at least. I guess if you keep saying it, someone will eventually hit the right timing and claim credit for having predicted a recession. permalink fedilink source parent hideshow 2 child comments replies: [–] shortwavesurfer@lemmy.zip 1 point 2 years ago (1 child) Have a look at the unemployment data which just recently hit 4.1% the household jobs survey versus what the government says.l and theres a gap of like 600,000 jobs the government claims that households cant find, consumers have spent themselves into a wall and are pulling back, etc. With inflation being as high as it was and is if it's above GDP then we actually have negative growth. permalink fedilink source parent hideshow 2 child comments replies: [–] GiddyGap@lemm.ee 1 point 2 years ago (1 child) Maybe, maybe not. I just know that people who try to predict the future are wrong most of the time, especially when it comes to the economy and trying to time the markets. Never works. permalink fedilink source parent hideshow 2 child comments replies: [–] shortwavesurfer@lemmy.zip 1 point 2 years ago Oh, I definitely wouldn't be shorting, or something like that, as I do not have the timing prediction powers for that. Even if I am right, being right in a timeframe is the real problem. permalink fedilink source parent
[–] GiddyGap@lemm.ee 1 point 2 years ago (1 child) Feel like I've heard this constantly for the last 2-3 years at least. I guess if you keep saying it, someone will eventually hit the right timing and claim credit for having predicted a recession. permalink fedilink source parent hideshow 2 child comments replies: [–] shortwavesurfer@lemmy.zip 1 point 2 years ago (1 child) Have a look at the unemployment data which just recently hit 4.1% the household jobs survey versus what the government says.l and theres a gap of like 600,000 jobs the government claims that households cant find, consumers have spent themselves into a wall and are pulling back, etc. With inflation being as high as it was and is if it's above GDP then we actually have negative growth. permalink fedilink source parent hideshow 2 child comments replies: [–] GiddyGap@lemm.ee 1 point 2 years ago (1 child) Maybe, maybe not. I just know that people who try to predict the future are wrong most of the time, especially when it comes to the economy and trying to time the markets. Never works. permalink fedilink source parent hideshow 2 child comments replies: [–] shortwavesurfer@lemmy.zip 1 point 2 years ago Oh, I definitely wouldn't be shorting, or something like that, as I do not have the timing prediction powers for that. Even if I am right, being right in a timeframe is the real problem. permalink fedilink source parent
[–] shortwavesurfer@lemmy.zip 1 point 2 years ago (1 child) Have a look at the unemployment data which just recently hit 4.1% the household jobs survey versus what the government says.l and theres a gap of like 600,000 jobs the government claims that households cant find, consumers have spent themselves into a wall and are pulling back, etc. With inflation being as high as it was and is if it's above GDP then we actually have negative growth. permalink fedilink source parent hideshow 2 child comments replies: [–] GiddyGap@lemm.ee 1 point 2 years ago (1 child) Maybe, maybe not. I just know that people who try to predict the future are wrong most of the time, especially when it comes to the economy and trying to time the markets. Never works. permalink fedilink source parent hideshow 2 child comments replies: [–] shortwavesurfer@lemmy.zip 1 point 2 years ago Oh, I definitely wouldn't be shorting, or something like that, as I do not have the timing prediction powers for that. Even if I am right, being right in a timeframe is the real problem. permalink fedilink source parent
[–] GiddyGap@lemm.ee 1 point 2 years ago (1 child) Maybe, maybe not. I just know that people who try to predict the future are wrong most of the time, especially when it comes to the economy and trying to time the markets. Never works. permalink fedilink source parent hideshow 2 child comments replies: [–] shortwavesurfer@lemmy.zip 1 point 2 years ago Oh, I definitely wouldn't be shorting, or something like that, as I do not have the timing prediction powers for that. Even if I am right, being right in a timeframe is the real problem. permalink fedilink source parent
[–] shortwavesurfer@lemmy.zip 1 point 2 years ago Oh, I definitely wouldn't be shorting, or something like that, as I do not have the timing prediction powers for that. Even if I am right, being right in a timeframe is the real problem. permalink fedilink source parent