JPMorgan’s chief strategist: "we think there is now a higher likelihood of a crisis over the next 6 to 12 months, the severity of which could be higher than market participants anticipate" - eviltoast
  • rubpoll [she/her]@hexbear.net
    link
    fedilink
    English
    arrow-up
    15
    ·
    1 year ago

    They used to call this the Boom/Bust Cycle of Capitalism. But then economists rebranded it as “the Business Cycle” to downplay how accurately Marx described the Boom / Bust Cycle of Capitalism.