Two scenarios that I can imagine:
1. Average family expects a recession is coming (because of all the news and such), so they lower their consumption, save money, don’t buy cars, homes, etc. and keep as much in their checking account hoping to ride it through.
As a result consumer spend is lower, less money is being circulated, which makes the eventual recession worse.
2. No one is expecting a recession so they continue spending on fancy cars, take out loans for houses they can’t afford, but recession does hit and not only are they out of a job but they can’t afford their new car and house and we have something closer what we saw in ’08-’09.
This isn’t even accounting for the stock sell offs either.
Do more people expecting a recession help the severity and length of it, or worsen it? – RobinHood – Reddit Feed
reddit investing reddit stocks reddit stock market make money online reddit r investing
stash invest reviews stash invest stash app review reddit forex investing reddit betting
reddit make money
best savings account reddit
reddit make money from home
stash invest app
what is stash invest
reddit stock price
earn money online reddit
stash investment app review
reddit penny stocks