A 1% drop in GDP is a recession. We called a 6.5% drop in GDP "The Great Recession". In 1929, we called a 15% drop in GDP "The Great Depression". What the fuck do we call a 33% drop in GDP?

— Richard Lionheart 🇺🇸 (@LionheartNYC) July 30, 2020

The “Mega-Depression of Doom?” The “Fall of Rome 2: Even Romier?” The “Mad Max: Max Depressed?” The “Dude, Where’s My Economy?” The “Hoover Do-Over?” The “Economy in a Coma, I know, I know, It’s Serious?” The “It’s Not a Depression If We All Die Depression?”