Testing a Hexbear-like thread for sharing and commenting on news. Might become a weekly thing if people like it 👀

Rules:

  • Include sources in (at least) every top-level comment
  • No clearly fake stories
  • That’s it for now
  • Xibucks arrive on the third Sunday of every month
  • @KommandoGZD
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    711 months ago

    Just sharing, because this made big headlines on Reddit, when it’s obviously mostly cope.

    A 0.1% dip in retail sales? Wow.

    Record unemployment, still some GDP growth, labour shortages and falling corporate profits. This is still a whole lot better than even Europe’s primary economic engine, Germany, while withstanding a billion sanctions.

    It’s also iirc the exact inverse of eg Germany’s data. There GDP is shrinking, corporate profits, industrial output rising quite sharply and retail sales going down. Labour shortages are present too.

    • @Shrike502
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      111 months ago

      I mean, there are issues with industry labor shortages. Although they seem to stem largely from the capitalist mode of production