The Best Recession Signal in History?

There has been lots of talk in the news recently about the definition of a recession and whether or not the USA economy is officially in one. As the opinions and arguments fly around from every direction you look, in my opinion, there is a single signal out there that reveals the recession status of the economy. This statistic becomes that much more powerful when you consider the, literal, addiction surrounding it. Sometimes the answers to apparently complex issues can be solved by just using a little bit of common sense and data that everyone can relate to. This is what I’m going to do in this video. If you are someone who has common sense and can relate to how powerful and beneficial a smartphone is, then I’m confident you’ll be able to connect the same dots I do. I know the people with their PHD’s in economics don’t want to admit that such simple pieces of data can be so revealing, but that’s the truth of the matter. Let’s keep the economic analysis simple and figure out what the true status of the economy actually is.

https://www.cnbc.com/2022/07/21/att-shares-fall-after-company-says-overdue-bills-higher-spending-are-hurting-cash-flow.html

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