What Is The Definition Of Recession?

Each episode, we question mainstream and Bitcoin narratives by examining current events in macro from throughout the world with a focus on central banks and currencies.In this episode, Im joined by Q and Chris Alaimo of the Bitcoin Magazine livestream team to talk about the “economic crisis” versus “not an economic crisis” versus “anxiety” argument. The first chart listed below goes all the way back to the 1981-1982 economic crisis, showing lots of picked yield curves. Notification the consistent waterfall towards inversion (negative on the chart) that generally defines the march into economic crisis.(Source)At this point in the podcast, I felt like I was being a little bit alarmist, and I did just compose a blog post condemning the “fear hustlers and alarmist pimps,” so I used the following chart from Jeff Snider, in which he shows we havent returned back to previous growth trends and possible results of this economic crisis. I expect the result of this economic downturn in the U.S. to be typically light, similar to the dot-com-type recession.Behind all this controversy about the word “economic downturn,” we are left with the awareness that it does not matter anyhow.

Each episode, we question mainstream and Bitcoin narratives by analyzing existing events in macro from across the world with a focus on central banks and currencies.In this episode, Im joined by Q and Chris Alaimo of the Bitcoin Magazine livestream crew to talk about the “recession” versus “not an economic crisis” versus “depression” debate.(Source)At this point in the podcast, I felt like I was being a little bit alarmist, and I did just write a blog site post condemning the “worry hustlers and alarmist pimps,” so I used the following chart from Jeff Snider, in which he reveals we havent returned back to previous development trends and possible results of this economic crisis. I expect the result of this economic crisis in the U.S. to be normally light, similar to the dot-com-type recession.Behind all this controversy about the word “economic crisis,” we are left with the realization that it doesnt matter anyway.