Bond yields inverted. If the recession doesn't hit in 2020 economists are going to be studying this to extreme; because that's a 1:1 measurement for predicting

Bond yields inverted. If the recession doesn't hit in 2020 economists are going to be studying this to extreme; because that's a 1:1 measurement for predicting recessions. Canada for example has around 170% household debt to disposable income. If it was at 100%, it means the interest on the debt owed is exactly the same amount as how much you earn. You don't get to spend and you don't get to reduce your debt, you are only paying the interest. At 170% you're incurring significant more debt every year and you have literally no chance of reducing your debt. Household debt typically is mortgage, car loans, and student loans. What are the 3 major articles you constantly hear about? Housing is unaffordable; aka mortgages are too expensive. Car manufacturers closing plants and laying off significant numbers of people. How about the crippling student loans? You know the debt you literally cant even bankrupt. There's a certainty that the recession is coming in 2020. The thing that is interesting is multiple times now in history the governments of the world prolonged or attempted to prevent these debt cycle recessions. It 100% of the time has made the situation worse. Usually resulting is far worse recessions. There's also another factor. There is a depression every 50-100 years or so. We're due for one. There's 1 way to potentially see a depression coming. Social tensions spike far worse than during a recession. Don't know if you're following US politics... I'm pretty sure we are seeing this right now.