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Ask a Wise Ape

🐵 What does a recession really mean?

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Ape of Omaha
Jun 18, 2022
∙ Paid
Photo from Time

we all know it’s bad when we hear the word “recession” all the time… 👎

but we just look at our stocks go down and say “yeah… the recession am i right”

yes, well, kinda, but not quite…

📖 the definition:

  • typically, it’s officially a recession when GDP falls for two consecutive quarters – because this straight up means reduced economic activit…

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