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So basically the fear of recession may trigger a recession? Laying off, cutting spending and thus cascading economic contraction? Don’t think that would be a l
by nytesky 8y ago
So basically the fear of recession may trigger a recession? Laying off, cutting spending and thus cascading economic contraction?
Don’t think that would be a liquidity trap, but this type of recession always makes me think of Krugmans Baby-Sitting COOP model: https://en.m.wikipedia.org/wiki/Capitol_Hill_Babysitting_Co-op https://en.m.wikipedia.org/wiki/Capitol_Hill_Babysitting_Co-...