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Krasnov's recession helps Putin avoid his own "period of transition" [1]
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Date: 2025-03-10
Trump now gaslights recession as a mere “period of transition” where his transition’s “puberty blocking” was being sent to military school in his teens.
President Trump says the economy is in a "period of transition" and can't predict if the U.S. will fall into a recession. [image or embed]
Donald Trump isn't willing to rule a recession as his tariffs spark concern for the US economy. ... the priced-in odds of a recession climbed to 41% on Monday, up from 20% in early January.
Goldman Sachs economists upped their odds of a recession over the next 12 months from 15% to 20% on Friday, naming Trump's economic policies as the "key risk,"
A recession is a significant, widespread, and prolonged downturn in economic activity. A common rule of thumb is that two consecutive quarters of negative gross domestic product (GDP) growth indicate a recession. However, more complex formulas are also used to determine recessions.
Economists at the National Bureau of Economic Research (NBER) measure recessions by looking at nonfarm payrolls, industrial production, and retail sales, among other indicators.1 NBER also points out that there is “no fixed rule about what measures contribute information to the process or how they are weighted in our decisions.”
A downturn must be deep, pervasive, and lasting to qualify as a recession by NBER's definition. Since some of these qualities may not be evident when a downturn first begins, many recessions are called retroactively.2
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