3 ms·
Recessions never look like the one before it, because that's what everyone expects to happen and plans for. This one is already quite odd in a number of ways (
by mywittyname 4y ago
Recessions never look like the one before it, because that's what everyone expects to happen and plans for.
This one is already quite odd in a number of ways (i.e., low unemployment), so there's good reason to expect several other aspects of it to not follow conventional wisdom.
My personal opinion is that this will be seen as an indefinite recession, in that we will look back and see that it was comprised of the cause and effect of many smaller "recessionary events" rather than one defining event.