I believe that we’re already in a recession. What do you all think? - Nobody wants to spend money rn. Small businesses are suffering greatly. There are mass layoffs across most industries. Savings for most people is long gone. Credit card debt is at an all time high. Inflation is choking the working class into oblivion. I understand that according to the “traditional definition” of a recession it isn’t, but seeing as recessionary periods are caused by speculative fears and fears are at an all time high that this feels like a recession to me.