• KiG V2@lemmygrad.ml
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    1 year ago

    My brother in Christ you’re telling me it’s not even a recession yet here in the US? 😭 We’re so fucked

    • Ronin_5@lemmygrad.ml
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      1 year ago

      The US is actually in a recovery from the covid recession. What this means is: increased velocity of money due to higher profit margins, causing inflation. Wage increases for the labour aristocracy, and further exploitation of the rest of the working class.

      Every recovery from recession brings a further concentration of capital.

      The words recession or economic boom means very little to the working class.