😳 The Great Recession of 2024

Where did it go? What happened to it?

Until Americans can’t borrow it probably won’t happen.

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It would be the first time in history that the Inverted Yield Curve did not correctly forecast one.

But as @billinin mentioned…people are borrowing up to their eyeballs to maintain their standard of living. They may be able to keep it up for awhile longer…but in a higher interest rate environment its not going to end well.

(one of many articles)