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Can you give someone clueless about this recession stuff some pointers or material to mull over? How to estimate timeline and magnitude? Why inevitable?
by vinchuco 9y ago
Can you give someone clueless about this recession stuff some pointers or material to mull over? How to estimate timeline and magnitude? Why inevitable?
- tabeth 9y agoI won't mislead you by pretending to be an economist or expert, but you should look up the "business cycle". As the name implies these booms and busts happen pretty periodically. In the past it's been approximately every decade. As for the magnitude, I can't really speak to that much. Perhaps someone more knowledgeable will chime in.
- atmanthedog 9y agoWell, personally, I subscribe to: https://en.wikipedia.org/wiki/Random_walk_hypothesis https://en.wikipedia.org/wiki/Random_walk_hypothesis