Not implying that. Implying that the strategies to smoothen things out are not applied correctly but too naively obviously (there are multiple correlated factor

Not implying that. Implying that the strategies to smoothen things out are not applied correctly but too naively obviously (there are multiple correlated factors so I guess it's somewhat more difficult than it seems). They address symptoms and not the root causes. Basically, a recession occurs when money has been pulled back from the economy, whether by a Central Bank that would hike interest rates or, in a more adhoc fashion, by a given sector being hyped (via a technological breakthrough perhaps) or even a single commodity (people had weird fetishes around tulips at some point). These are not cash-flow generating assets nor ventures or they create too few new jobs in the immediate term. Now since money does not flow back instantly (some kind of hysteresis)... A recession. A multi-participant tug of war...