#Recession

[reasonandempathy]

Saw this and I actually wanted to add some actual details, in case people didn't know/weren't curious.

US Specific Recessions:

Recession of 1990 and 1991

2000 to 2001 Recession

The Great Recession, from 2007 to 2009 (this does not include the recovery, which took years and arguably never really happened)

The COVID Recession

Genocides:

Rohingya (2016 and ongoing)

Iraqi Turkmen (2014-2017)

Yazidis Genocide (2014-2019)

Darfur (2003 and ongoing)

Congolese (2002-2003)

Hutus (1996-1997)

Rwanda (1994)

Bosnia (1992-1995)

I'm presuming we can all agree he was also referring to Ghaza right now

So yeah. 9 Genocides and 4 major recessions since 1990. If he was born in 1985 there are 3 more genocides (Anfal, Gukurahundi, and Isaaq).

#genocide #recession #capitalism #politics #original content #gaza #darfur #rohingya #covid #bosnia #rwanda #darfud #yazidis

[animentality]

#twitter #baby boomers #gen z #job market #economy #recession

[long-sleeved-sandwich]

It’s crazy to me hearing Boomers and Millennials talk about what they wanted to be when they grew up. Being Gen Z, most of us have resigned to the fact that we will be poor for the rest of our lives unless some miracle of biblical proportion happens, a revolution occurs and the structures of government and economy are fundamentally altered, or we enter into a relationship with an unhealthy power balance. Owning a bed with a headboard looks like wealth and luxury that we’ll never be able to have. Actually OWNING a house?? Unimaginable. Being in a financial state where we don’t have the constant threat of hunger and destitution hovering over our heads? Nearly impossible. We aren’t afraid of the pain involved in a health crisis, we’re afraid of the expense. Yet I live in the greatest country in the world?

#gen z #gen z things #millenials #boomers #democratic socialism #socialism #communism #anarchism #anarchocommunism #recession #economy #government #america #anti capitalism

[camilieroart]

You animate super good! Ye!

Thanks ! Here is some more, I continued it.

#tumblr update #kosa #palestine #ai #genocide #recession #current events #climate change #i'm not putting these tags randomly #if you're wondering #transmisogyny #transphobia #covid

[mycolourfullworld]

#meme #memes #funny #gfc #recession #housing #cost of living #america #USA #edc #carry #bugout #bugoutbag #gun #guns #gun control #shotgun #apocalyptic #apocalypse #wasteland #lifestyle #aes #aesthetic #aesthetics #style #vibes #mood

[politijohn]

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Hmm yes, it is a mystery why the corporate-owned Fed is invoking a recession just as workers demand better leverage from their employers

#working class #unions #recession #fed #government #politics #us politics #news #current events #solidarity #unionize #workers rights

[comradeclover]

#hail satan #meme #maoism #happy pride 🌈 #pride #marxism #socialism #marxism leninism maoism #marxist #capitalist hell #capitalism #communism #leftism #left #support unions #unionstrong #trade unions #cultural revolution #revolución #recession #economy #economics #marxism leninism #mao zedong #karl marx #billionaires #exploiters #transgender #politics #political

[probablyasocialecologist]

From where I’m standing, ultimate blame lies with the Western-dominated neoliberal system that keeps developing countries in a form of debt-fueled colonization. The system is in crisis, its shaky foundations exposed by the tumbling dominoes of the Ukraine war, resulting in food and fuel scarcity, the pandemic and looming insolvency and hunger rippling across the world.

Sri Lanka is Exhibit A. We were once an economic hope, with an educated population and a median income among the highest in South Asia. But it was an illusion. After 450 years of colonialism, 40 years of neoliberalism, and four years of total failure by our politicians, Sri Lanka and its people have been beggared.

[...]

Sri Lanka — like so many other countries struggling for solvency — remains a colony with administration outsourced to the International Monetary Fund. We still export cheap labor and resources and import expensive finished goods — the basic colonial model. The country is still divided and conquered by local elites, while real economic control is held abroad. The I.M.F. has extended loans to Sri Lanka 16 times, always with stringent conditions. It just keeps restructuring us for further exploitation by creditors.

And as much as the West blames Chinese predatory lending, only 10 to 20 percent of Sri Lanka’s foreign debt is owed to China. The majority is owed to U.S. and European financial institutions or Western allies like Japan. We died in a largely Western debt trap.

#sri lanka #neoliberalism #imf #recession #Aragalaya

[blackgirlsreverything]

😍😍😍😍

#housing market #recession #millennials

[scavengedluxury]

So that's that then. Who's next? Wilko were one of the few remaining chains with big high street stores. Maybe someone will fill their properties with a combined vape shop, betting shop, American candy store, Turkish barber, Wetherspoons, charity shop and Greggs so people never have to go anywhere else.

#uk politics #recession

[tygerland]

#retro #government #decadence #politicians #lawyers #corruption #war #taxes #economics #chaos #recession #hard times #economy #finance #tech #politics #crime #sociology #history #activism #cartoon #🎨 📚 #vote

[whydidisavethistomyphone]

Me making myself a sandwich in the current economy:

#recession #financial crisis #economy #video #meme #food #sandwich #poverty

[batcavescolony]

At this point we should rewrite 'We Didn't Start the Fire' but instead of what 118 historical events over 40 years it's just the last the last 5 years.

#titanic #russia #politics #historic events #we didnt start the fire #billy joel #the titan #pandemic #covid #recession #blah blah blah where to start #science #spn #supernatural #fall out boy

[i-was-today-years-old-when]

i learned that the once-ubiquitous "Mmm... Toasty!" Quiznos sandwich chain, which had 4700 locations in 2007, closed over 90% of their stores in the space of the following decade. It was the largest and fastest collapse in industry history (x)

#today i learned #food #quiznos #business #recession

[politijohn]

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This isn’t the sexiest topic but Jerome Powell (R), who Biden has allowed to remain as Federal Reserve Chair, is manufacturing a recession because workers’ wages are apparently too high.

#working class #current events #recession #news #politics #us politics #government #the left #Biden #economic #economy #capitalism

[thoughtportal]

Debt Ceiling

#tiktok #debt ceiling #tax cuts for the rich #economy #economics #Manufacturing Consent #budget cuts #unemployment #health insurance #wealth inequality #wealth gap #hoarding wealth #generational wealth #wealth #income inequality #inequality #recession #economic crisis #us taxes #taxes