3 ms·
This remains a pretty reasonable consensus view right now. Current issues are largely not debt driven like the 2008 (and other large) recession. Mostly inflati
by steveBK123 4y ago
This remains a pretty reasonable consensus view right now.
Current issues are largely not debt driven like the 2008 (and other large) recession.
Mostly inflationary environment of low interest rates, heavy stimulus, high consumer spending, supply chain disruptions, and irrational exuberance.
Probably looks more like the 2000 cycle than the 2008 cycle as a result.
2008 and other debt driven recessions are much worse - https://en.wikipedia.org/wiki/Balance_sheet_recession https://en.wikipedia.org/wiki/Balance_sheet_recession