3 ms·
> recessions are the market correcting itself. That's a reductive oversimplification. There is no proof that a semi-capitalist market "corrects itself" in all
by Supermancho 7y ago
> recessions are the market correcting itself.
That's a reductive oversimplification.
There is no proof that a semi-capitalist market "corrects itself" in all cases, nor that a recession is even an event that brings "the market" (for some arbitrary quality) into alignment with some other arbitrary baseline or expectation.