protochud [comrade/them] to Main • 4 years agoso, why hasn't the global economy entered a depression?message-squaremessage-square21 fedilinkarrow-up119
arrow-up119message-squareso, why hasn't the global economy entered a depression?protochud [comrade/them] to Main • 4 years agomessage-square21 Commentsfedilink
minus-squarePezevenk [he/him]hexbear2·4 years agoYes, in the US, because the housing market crashed, what does that mean though? Why should prices fall significantly in every recession? link
minus-squareprotochud [comrade/them]hexagonhexbear1·4 years agoi guess i just assumed that since capitalist crises are those of over production, prices would drop. with too much stock, companies would have to sell at whatever price possible. i guess that's not always the case though link
Yes, in the US, because the housing market crashed, what does that mean though? Why should prices fall significantly in every recession?
i guess i just assumed that since capitalist crises are those of over production, prices would drop. with too much stock, companies would have to sell at whatever price possible. i guess that's not always the case though