They Are Never Going to See it Coming, and So They Won’t Be Prepared…

June 06, 2023

by Michael Snyder The Economic Collapse Blog

There is nothing wrong with being optimistic, but blind optimism can be a very dangerous thing. The reason why so many of the “experts” were shocked by the Great Recession of 2008 and 2009 is because they didn’t want to believe that such a thing could happen. Unfortunately, we are witnessing a similar pattern now. Even though we are absolutely drowning in debt, inflation is wildly out of control, our currency is being transformed into toilet paper, the housing market has started to crash and mass layoffs are being conducted all over the nation, a lot of the “experts” continue to insist that everything is going to be just fine. For example, the following comes from a CNN article entitled “The case for a 2023 US recession is crumbling”…

Many CEOs, investors and economists had penciled in 2023 as the year when a recession would hit the American economy.