Comments by "joesph cu" (@joesphcu8975) on "Recession likelihood is not elevated, says Fed Chair Jerome Powell" video.

  1. Inflation causes low unemployment, followed by a recession causing high unemployment. So basically everything is going by the book for now. 2023 will be the start of recession, 2024 will be the year of high unemployment, and 2025 will be the year the people start to realize what mess they are in. Luckily we have China to save us, if only we accept a few changes in the world order, but by then that will be a small price to pay.
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