this post was submitted on 13 Jul 2023
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That's what I'm saying though, is it's effectively popped, it just hasn't sunk in yet. Economic changes are what's known as "sticky," in that macroeconomic changes take time to spill down through the varying stratas that make up our economy. A change made today will not be felt or measureable for a few months, and so on.
Give it a year, and those signs will be staying out I think. Could be wrong, I'm not a prophet, but I agree that I also think rough times are ahead.