this post was submitted on 16 Jun 2022
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United States | News & Politics

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There's now a 72% chance US enters a recession by q1 2024 (www.bloomberg.com)
submitted 2 years ago by yogthos@lemmy.ml to c/usa@lemmy.ml
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[โ€“] TeezyZeezy@lemmygrad.ml 0 points 2 years ago* (last edited 2 years ago) (1 children)

Isn't Bloomberg a propaganda outlet?

I don't doubt that we are in for major economic and climate collapse in America, but I just want to avoid criticisms saying I pick and choose which articles are legit and not from a shady source.

Asking in good faith just don't know

[โ€“] yogthos@lemmy.ml 2 points 2 years ago

While all western media is full of propaganda, financial media tends to be more honest because they have to provide at least some value to the business class. The only thing Bloomberg is likely understating is the time frame for US to hit a major recession.