Current Events > The recession will likely be over September 2023.

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Pepys_Monster
11/11/22 7:55:31 PM
#1:


During the second quarter of 2022, we had two consecutive quarters of negative GDP growth. That puts April 1st, 2022 as the official start of the recession. The average recession lasts 17 months. The fact that bitcoin bottomed out this month is consistent with the halfway point. Therefore, according to statistical data, the recession is projected to end September 2023.

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David1988
11/11/22 7:56:50 PM
#2:


Bitcoin bottomed out? Even as someone that trades Btc I cant see why anyone would be so confident this is the bottom

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RlP
11/11/22 8:04:14 PM
#3:


Source?

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Pepys_Monster
11/11/22 8:17:18 PM
#5:


David1988 posted...
Bitcoin bottomed out? Even as someone that trades Btc I cant see why anyone would be so confident this is the bottom
Because the average recession lasts 17 months. Divide that in half and you get 8.5 months which is the halfway point, and where the economy should bottom out.

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Pepys_Monster
11/12/22 12:03:34 PM
#6:


Does anyone dispute my calculations?

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GeraldDarko
11/12/22 12:16:56 PM
#7:


Lol
Calculations
Sit down kid

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Tappor
11/12/22 12:17:18 PM
#8:


RlP posted...
Source?
He made it up

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Pepys_Monster
11/12/22 12:17:32 PM
#9:


GeraldDarko posted...
Lol
Calculations
Sit down kid
I am sitting down. I'm a brilliant man.

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LincolnDuncan
11/12/22 12:21:21 PM
#10:


calc-you-later, right guys?

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MarcoRubio
11/12/22 12:23:43 PM
#11:


Pepys_Monster posted...
I am sitting down. I'm a brilliant man.

This is posting false information as fact

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Pepys_Monster
11/12/22 12:31:09 PM
#12:


MarcoRubio posted...
This is posting false information as fact
Then how come I'm more aware of what's going on with the economy than Fox Business analysts?

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Damn_Underscore
11/12/22 12:33:14 PM
#13:


keep this topic bumped until then and well see

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ScazarMeltex
11/12/22 12:36:50 PM
#14:


Brilliant economist Pepys_Monster has spoken.

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