
How bad will the recession be?
Many Happy Returns
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Is That a Depression?
There's so much focus on inflation numbers as they come out, and digging into what components are driving it higher. Bizarre reading the monetary policy report from the bank of england. They're saying that they expect by 20 25, the unemployment rates going to be at six and a quarter%. So it's a huge increase. And that's a lot of people who'll be out of work. Nmen, its millions of people. The amount of human suffering involved in that is pretty herendous.
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