That’s not the only condition for a recession, several indicators are used in determining if there is a recession. This was relevant recently in the US as GDP dropped for 2 consecutive quarters and no recession was declared.

It’s not hyped in the media, probably because it’s Chinese companies doing it, but there have been massive strides towards creating humanoid robotics in the past couple of years. They aren’t nearly to the point of being autonomous but there’s a simple humanoid robot that’s selling for 5900 today.

Maybe first-time home buyer programs? But those are like 3% typically so it wouldn’t get you there and that’s before including closing costs, moving costs, and possible repairs.

The evidence doesn’t match the narrative he constructed in his head, so it’s fake obviously.