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by Arizhel
3378 days ago
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They are getting larger. You're looking too far back. After the Great Depression, policies were enacted which served as dampers to improve system stability. They worked for quite a while. But eventually these policies were eroded or repealed, and other societal factors came along which degraded stability, so the oscillations picked up again, and grew larger and larger (think 80s S&L crisis, '00 dot-com crash), culminating in the '08 recession. Now we're going to have a much bigger one with Trump and the GOP in office. If this one doesn't cause a collapse, the next one will. |
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Personally I doubt the next recession/slowdown will be anywhere near as big as 08, but I guess we'll see.