The First Rule of Fight Club is…
We saw how well that worked out.
It’s amusing, and depressing, that so many people fail to understand basic economic principles. To a degree they believe talking about recession indicators equates to hoping and praying it will happen. Or worse yet, believe we can talk ourselves into a recession. As if discussion of these economic indicators has more than a passing, negligible impact on anything.
It’s also astonishing that we see history repeating itself here. I remember people clamoring before the Great Recession about how talking about was going to make it come true. And suggesting people were praying for it. The more things change, the more they stay the same around here.