How do we know for sure that there’s a recession coming, and why can’t we stop it?
In: Economics
As mentioned recessions (and periodic depressions) are part of an inefficient capitalistic system with government created money supply.
Most of recessions and non recessions (growing economy) come from large group social thinking and feelings such as a loss of confidence in their economic prospects. People’s greed and fear drives much of the economy, and when large groups of folks fear rainy days they clutch their purse strings and cause depressed economic activity, vice versa when they think it’s all sunshine and roses.
Stopping recessions would require manipulation on a lot of fronts and it isnt practical. Although governments sometimes try .. usually when it’s too late.
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