[denim_chicken]

There is loads of data that suggests an economic collapse around the corner. Right now there are so many indicators of economic health that are reporting poor results, that it's worth taking seriously the prospect of a looming economic collapse.

[ZanyProgrammer]

I'm pretty much convinced that (as someone with an actual academic background in economics) that most economic predictions are bullshit, regardless of who makes them. The economy may very well be headed to a downturn, but there's zero way to accurately tell how bad it'll be-Great Recession, early 00s, early 90s bad, something worse, something better? "Economic collapse" is so vague and alarming as to be useless (unless you have shares in a Prepper biz you are trying to inflate).

[rconti]

And especially when "everyone" is predicting a collapse. That makes me more confident than anything that everything will be okay.

[peteretep]

If everyone was predicting a crash, then we'd have one already, because the markets would reflect that.

[cylinder]

People seem to have forgotten that we can have recessions without financial crises or "collapses."

[viraptor]

Sure, there are indicators, but we're terrible at predicting those results. Or specifically predicting when they happen and when they don't. I'm sure some collapse is coming soon. (for high values of soon) Then again, people collectively predicted >100% of the economic failures so far.

So unless you say when, why, and what are the steps to validate it on the way, why should anyone believe the collapse happens in their lifetime?