We Are Probably Already In A Recession

Photo by Andres Garcia on Unsplash

Indeed, a lot of people are always warning about recessions; however, that doesn’t mean we won’t ever have recessions. The most recent recession of early 2020 was papered over with massive stimulus. People had more money, which is not what we would call a “recession”. At the very least, we wouldn’t say that malinvestment was sufficiently cleared out.