We’ve been staving off a recession with little more than sheer denial for quite some time. The Federal Reserve uses unemployment and the consumer price index to gauge economic health but there is a lot that those two metrics can’t account for.
Skyrocketing consumer debt, which has been going on for a while, is a concerning statistic which tends to get downplayed until it turns into defaults. By the time people start defaulting on their mortgages, the train is already speeding away without any brakes.
We’ve been staving off a recession with little more than sheer denial for quite some time. The Federal Reserve uses unemployment and the consumer price index to gauge economic health but there is a lot that those two metrics can’t account for.
Skyrocketing consumer debt, which has been going on for a while, is a concerning statistic which tends to get downplayed until it turns into defaults. By the time people start defaulting on their mortgages, the train is already speeding away without any brakes.