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78 sats \ 5 replies \ @Undisciplined 22h \ on: Is the US headed for a recession? econ
I think there will be a declared recession.
The changes Trump is making to economic policy (including government spending) are pretty dramatic and will likely require a significant economic correction for resources to be reallocated across sectors.
Looks like you're betting on Shiva’s old rule, sometimes you gotta tear it down to build it back better. Or you know, after the storm comes the calm!
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I'm agnostic about whether what's coming will be better, but it will be better adapted to the new incentive structure.
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We still gotta see if the incentive structure is better or worse. Time will tell the truth!
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Time might tell the truth. It might also tell a very convoluted story where everyone can see what they want to see.
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