Kept seeing this clip of Barry Sternlicht laughing about a “nice little recession” so I thought I’d share.

For what it’s worth, this isn’t the first time I’ve heard someone hoping for a recession. My stepdad told me this and I don’t understand why he’d want that.

According to him the only way to combat inflation is for us to go into a recession. But wouldn’t that cause a different form of chaos?

I’m uneducated on inflation vs recession but I know for a fact through lived experience that inflation sucks, and I’ve heard recession is also shit so why ask for one?

Anyway if this doesn’t belong here please let me know so I can post it somewhere else, I’m still getting used to what posts belong in what communities.

    • knfrmity@lemmygrad.ml
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      1 year ago

      Remote work will collapse the commercial real estate market rather than leading to any sort of boom. Remote work isn’t particularly profitable for capitalists.