The economy cycles between greed and fear, without any room in the middle for stability. All of economics is group psychology. 2000/2001, 2008, 2020 and other

The economy cycles between greed and fear, without any room in the middle for stability. All of economics is group psychology. 2000/2001, 2008, 2020 and others were bad years and growth eventually happened. But even The Great Depression lifted eventually. If I had a choice, I would choose gentle growth rather than boom years and bust years.