Hacker News new | ask | show | jobs
by benj111 2470 days ago
People have been calling the next recession for more than 3 years, it'll be fun to return to this prediction when we actually do have a recession, as you think it's likely within 3 years.

By the way, a recession is technically 2 quarters of negative growth, so assuming we start from when we actually know we're in recession, it's a minimum of 6 months from now before we are in recession so ".390625 years" would be a definite no.

1 comments

The market is level two chaotic system, meaning it reacts to predictions about it.

The predictions may have been correct if it weren't for the fact that the predictions themselves perturbed the system.