alt Hacker NewsI have lived through 1 recession. I will unfortunately have to live through another recession because yet again regulators have been taking a xanny/tranquilized; and unchecked greed of Wall Street and billionaires
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If you have only lived through one you are at most 17 years old, since otherwise you'd have lived through the recession of 2007-2009 and the Covid one of 2020. Earlier there was one in 2001 and in 1990/91, 81/82, 80, 73-75, 69/70, 60/61, 58, 53, 49 and 45.
Thirteen since WWII or roughly two per decade.
tulips generally are perennial plants and re-grow every year. we will have bubbles and bursts as long as this is true
The regulator in The Big Short is still hilarious. Blinded because she had gone to an eye doctor. What a metaphor.
You'll live through many recessions in your lifetime regardless. The implication that regulators can/should prevent all recessions is suspect to me.