“Nothing gets solved by allowing a recession.”
A recession is what the ‘Rats want to help them win the Mid-Terms.
I'm amazed we're not in a recession already due to the excessive money printing from the Trump administration in 2020 (Covid checks) and the Biden administration after. Right now we're seeing two bubbles in the economy: car manufacturing and AI. Car manufacturing looks about to burst due to the high prices of new cars, which have lead to an increase in the price of used cars, along with the increased loan interest rates. We're starting to see rising loan default and repo rates to the point that some areas have up to a 6 week lead time for a tow truck to come and get a repo. I don't recall ever seeing that in the past. AI may burst since the investment ratios haven't met any significant returns outside a few players such as NVidia. This has lead to reduced investment rates, however there's still enough money cirulating on this that I guess the jury's still out on this one.