Being high on crack seems to me the only plausible explanation for saying: “This is a tough call, but I will be very surprised if this thing actually precipitates into recession.”
It won’t precipitate into a recession because it already is one.
Being high on crack seems to me the only plausible explanation for saying: “This is a tough call, but I will be very surprised if this thing actually precipitates into recession.”
It won’t precipitate into a recession because it already is one.
Economists are like a weatherman who tells you that he’s not sure what’s happening outside at the moment, but he can say with some degree of certainty that it rained last week.
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