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Comment by epakai | Hacker News Reader

Things aren't "proper fucked" though. Supply chains were just too slow to recover to meet our demand. Lots of things were overpriced/overvalued. The economy is going to retract as a result. Things will cycle once more, and we can do it all over in another n decade(s).

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Worldwide inflation numbers[1], general animosity among world powers[2], wars in trade and land , global debts rising above GDP everywhere, does not bode well for social peace. There will be revolutions worldwide if this trend continues and if history rhymes.

1. Middle East, SE Asia, and South America all have inflation above 50%.

2. Russia vs west. China vs. the US (Taiwan) Turkey vs. Iran (Syria, Armenia) Venezuela vs. itself

> 1. Middle East, SE Asia, and South America all have inflation above 50%.

https://www.pewresearch.org/fact-tank/2022/06/15/in-the-u-s-...

This source is lacking, but the only countries above 50% inflation I can find are Turkey and Argentina. Could you point me in the direction of where you got your numbers?

Upon further review, the countries are Iran, Suriname, Sri Lanka, Argentina, Turkey, Syria, Sudan, Venezuela, Lebanon, Zimbabwe per: https://tradingeconomics.com/country-list/inflation-rate-

SEA doesn't have annual inflation rates anywhere near 50%.

Uhuh... Few more tweeks to exclude even more things that go up in price from the measure of inflation, narrow the definition of unemployed some more, and the US can record its best economics data ever.

Meanwhile, in real life.. https://www.reuters.com/technology/oracle-starts-job-cuts-us...

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