Good time, dragnet, to pay off debt and accumulate some cash. While this is always good advice, with the possibility of a recession, this is especially good advice. On the other hand, the economy is holding up just fine. Unemployment is low by historical standards. Inflation is just a point or so above target. But the big giant deficit on top of the enormous national debt, and geopolitical risks all over the world add up to a lot of uncertainty.
If ya don’t work for government, you’d have to be an absolute fool to go into debt nowadays.