re: Bed Bath and Beyond closing 150 stores, laying off 20% of their workforce

quote:

---

But it’s not a recession until the special people decide it, even though it meets the textbook definition of recession.

So the Fed continues aggressive rate hikes.

---

If we have a recession, inflation will come down.

The rate hikes will cause a recession.

Rather than fix our economic issues years ago, we ignored them and used artificially cheap money to keep the good times going. Now we are paying the bill for that.

quote:

---

Theory of Coonass Causation.

---

Yeah, who would have thought a place that sells bed sheets decides to get political and it turns people off.