The downside of staving off recessions
Long periods of expansion create fiscal, financial and productivity risks
Related reading
Beware of overconfidence
There are limits to extrapolating from last year’s economic resilience
What business should be thinking about post-Davos
Ignoring the upside can be as dangerous as discounting the downside
Economists are facing a recession
Demand for their work is down as a hiring crunch hits
We must be mindful of the risks of private credit
The sector remains untested in a severe or prolonged economic downturn
US economic outlook obscured by shutdown-triggered data gap
The statistical blind spot could affect everything from interest rate cuts to investment decisions
Beware populist economics
History suggests the political approach ends in unsustainable debt and lower GDP