Post #816 by Mark on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks

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I feel like we're still on a runway toward a recession. Am I reading it wrong?

We haven't had a real recession in 15+ years (the COVID recession wasn't business cycle induced, it was externally induced). And so many people seem to believe that we have "cured" recessions forever by using fed policy (by manipulating rates and by quantitative measures) and fiscal policy (by massive spending). As we've seen, those types of policies may avoid recession, but they bring us further into a debt spiral. Seems odd to me that so many are willing to trade recession for debt spiral, both are bad, but one is temporary and the other is permanent.

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