The humble little pot of gold we call our economy decided it was time to go on a diet, losing a featherweight 0.1% in the grand month of May. As it turns out, this slimmer financial waistline wasn’t due to any new radical cross-fit money program. Nope. Our beloved economy had been working on this slow and steady loss since 2019, way back before the global cough even reared its infectious head.
Remember 2019? Those were the glory days. No face masks, no bodily distancing. Money was flowing, stocks were soaring, and we all innocently believed that the biggest crisis we’d face in 2020 would be who’d get voted off the island on the latest reality show. Oh, how naive we were. Meanwhile, our economy was quietly planning its own little rebellion.
Fast forward to today, and our beleaguered economy has been nibbling away at its core. Faced with a microscopic foe that forced entire populations to hunker down at home, it’s managed to shed a whopping 0.1% in May. Brutal, we know.
But what’s even more alarming is the fact that our hardworking economy figured out its new weight loss routine before the pandemic. Like a teenager going through a growth spurt—who suddenly realizes that none of their clothes fit anymore—our economy decided it was time to let it all hang out in 2019. The only difference being, in our economy’s case, losing wasn’t quite the equivalent of gaining a closet full of the latest fashion trends.
Yes, that’s right. Our economy has been sneaking off to its financial Weight Watchers meetings, and it’s barely grown since those innocent and footloose days of 2019. Slowing its pace down to a limbo dance under a bar set on the floor, our economy has continued on this path of rebellion with dogged determination.
So the next time you hear about the economy and its shrunken state, don’t panic. It hasn’t caught a case of financial leprosy. Neither has it been cursed by an evil money-making witch. Instead, it’s on a strict money-loss diet which it seems pretty committed to continuing.
In conclusion, as long as our shrinking economy doesn’t vanish into non-existence like a poorly executed magic trick, we’ll weather the storm. Our innocent little pot of gold just doesn’t fancy being so big and bloated anymore. We say, if losing a bit of weight makes our economy feel healthier and happier, then who are we to judge? You do you, economy. You do you.
