• Shiggles@sh.itjust.works
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      7 days ago

      The chart itself has at least three different instances of a peak followed by another “peak” that’s still lower than the first peak started at lmao

      • harmsy@lemmy.world
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        5 days ago

        I decided to transcribe the numbers into a spreadsheet for clarity. Top is original order, bottom is chronological order.

  • peoplebeproblems@midwest.social
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    7 days ago

    Y’all hear about business cycles? It’s this weird phenomenon that occurs throughout history what is largly ignored, yea quite obvious. From 1817:

    … Report to the Committee of the Association for the Relief of the Manufacturing Poor, both identified the cause of economic cycles as overproduction and underconsumption, caused in particular by wealth inequality.

    In the early 1900’s:

    economist Joseph Schumpeter argued that a Juglar cycle has four stages: Expansion (increase in production and prices, low interest rates) Crisis (stock exchanges crash and multiple bankruptcies of firms occur) Recession (drops in prices and in output, high interest-rates). Recovery (stocks recover because of the fall in prices and incomes)

    Arguably, the policies enacted by Nixon and Regard were instrumental in delaying and magnifying the current business cycle.

    • not_IO@lemmy.blahaj.zoneOP
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      6 days ago

      we were in an upswing before trump took office and decided to impose tarrifs on all countries

  • MTK@lemmy.world
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    6 days ago

    Lol, I was waiting for some idiots to start praising the huge gains.

    You know, this morning my height went up by like 200% and this amazing sudden growth is all because of my amazing decisions and it has nothing to do with the fact that I was laying in bed and then got up

  • Final Remix@lemmy.world
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    6 days ago

    It’s lile like when a rollercoaster has a drop, then a hump to give everyone some airtime.

  • FozzyOsbourne@lemm.ee
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    5 days ago

    Hitler’s first birthday as chancellor of Germany was the 8th best day ever? I’m not so sure we should be trusting this person’s judgement.