Quote:
Originally Posted by paul78701
All very true. I admittedly glossed over a lot of this in an effort to not take us too far off topic. At any rate, these are issues. If they don't moderate, they could eventually cause enough pain to take us into a recession. So far, they haven't though. Some of those issues could start moderating for many reasons. If China ends their never-ending lockdowns, war in Ukraine ending, etc. Again, this is off topic and way more complicated than we can/should get into here.
My basic point is that much of the recession prediction game has been a lot of worrying and guessing rather than being evidence based. There's just not enough evidence yet to say that we're definitely going into a recession.
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Thanks everyone for the responses and helping me understand. My only reason for bringing it up on this particular skyscraper was because of the Reddit/r/Austin thread where people were questioning whether (or why) this tower is going up right before an “imminent” recession.