The cyclical nature of boom and bust capitalism has been held off for an unusually long time. On average, the US economy is supposed to go through a recession every 57 months. At present it’s been more than 10 years. Whichever policies have staved it off to date, it’s left much of the populous so confident that there are many people in comment sections across the internet that will smugly insist a recession won’t happen for years to come. It seems fair to say a lot of that confidence is based on incomplete information.
Trade wars, the stock market, unemployment rates; those are some of the factors that have been covered by the mainstream media at length to show how strong the US economy is. Inevitably a number of economic developments get lost in the shuffle. They paint an ominous picture.
This is an encore of one of our previous lists, as presented by our YouTube host Simon Whistler. Read the full list!
