Are we in a recession now?, page-3

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    ''I am intrigued. The yield curve says we are or almost are. Everywhere I go people are spending money. Went to Hobart for Easter and it was crazy busy. Something is not adding up. Every trade I speak to is booked for months.''

    normal for some


    Spending like it's the end times

    ''"You'll go to restaurants in Buenos Aires that are full, not because people are thriving financially but because they say, 'quema la plata', meaning 'burn the money'," Gedan says.''




    How Argentina went from one of the world's richest nations to 100 per cent inflation, with 'mountains of money worth nothing'



    https://www.abc.net.au/news/2023-04-11/argentina-100-per-cent-inflation-crisis/102179458
 
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