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Archive of entries posted on 18th November 2019

When will the next recession arrive? What will cause it? Here’s how to budget.

Recession talk has ebbed. The market is at peak. Earnings are OK. The banks are in good shape. Everyone has a job. It’s the weekend. I just lost at tennis. I’m depressed. I’m mulling about the next recession. Recessions are typically caused when assets owned by many people (and institutions) suddenly become worthless. They become […]