How do we know for sure that there’s a recession coming, and why can’t we stop it?
In: Economics
Its very similar to the fact that we know its going to rain again and cant stop it. Its a natural thing. When will it rain exactly? We can only guess(and aren’t to bad a t guessing).
Same can be said for recessions, they are a natural outcome of the economic process. Nobody actually knows with any real certainty when or why it will happen just that it will eventually. The economic process is extremely complex and you should always be wary of anyone making absolute claims of the future.
Computationally predicting the weather and predicting a recession are the same problem. With weather we just don’t care as much about accuracy as we do in economics(1in of rain or 2in vs 1% growth or -1% growth).
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