@[email protected]M to

[email protected] • 7 days ago

Why is the U.S. GDP recovering faster than other advanced economies?

www.federalreserve.gov

2

3

Why is the U.S. GDP recovering faster than other advanced economies?

www.federalreserve.gov

@[email protected]M to

[email protected] • 7 days ago

2

notice the steps down to lower output at great financial crash and covid for other countries with no recovery to previous trend level

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@JubilantJaguar
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5•7 days ago
The word “recovery” used here with regard to this abstract problem-laden statistic is itself indicative of the problem we’re facing.

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Collapse, in this context, refers to the significant loss of an established level or complexity towards a much simpler state. It can occur differently within many areas, orderly or chaotically, and be willing or unwilling. It does not necessarily imply human extinction or a singular, global event. Although, the longer the duration, the more it resembles a ‘decline’ instead of collapse.

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