this post was submitted on 06 Oct 2025
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United States | News & Politics
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All numbers point to an upcoming U.S. recession that'll be close to on par with the Great Depression. It's going to get worse.
Recessions are generally good for the dollar, as they signal lower rates of lending and of monetary circulation.
But because so much of our economy is predicated on a payout on ~~magic beans~~ AI build out, we could actually see ourselves awash in cheap cash with nothing materially valuable to spend it on at some point in the near future. All our material capital tied up in enormous data centers that do nothing but devour electricity. Fewer and fewer people willing to trade with a nation whose primary exports are bizarro TikTok videos and arms to Israel.
Stagflation rides again.
And what economic policy made the Great Depression worse? Anyone? Anyone? Anyone?
Oh, oh, I know! Caravans eating pets and taking our jobs! No, no, wait, the Gulf of Mexico! Err, foreign goods being too cheap! Oh, um, the poors ruining everything for everyone! People getting vaccines or seeing a doctor without going bankrupt! Women in sports! Yes, that must be it!
anyone? anyone? Bueller?