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Treasury’s Bessent concedes some parts of the economy are already ‘in recession’ (www.msnbc.com)

submitted 4 weeks ago by cm0002@ttrpg.network to c/usa@midwest.social

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[–] ininewcrow@lemmy.ca 35 points 4 weeks ago

When it comes to economics and finance ...... once they admit to losses, recessions or regression ... it's already been happening for a while and they delayed and denied for as long as possible in order for the ultra wealthy and corporations to safe guard their wealth first.

By the time we pee-ons at the bottom hear about any of it .... we've already lost most or all our money.