Something I should say more often

[CoccoBill]

What would happen if the government stopped issuing or backing up student loans?

Btw hope we don't need to demote it to The Fairly Big Recession.

[wufwugy]

Btw hope we don't need to demote it to The Fairly Big Recession.

Indeed. We could be looking at negative month to month real growth numbers that dwarf the worst in 2009 by one order of magnitude.

Fortunately, it looks like we could be bottoming out right now. We've had 3 days of positive inflation expectations growth, which in my opinion is the best predictor of where the economy is heading. 3 days does not make a lasting trend though. Inflation expectations could fall again tomorrow.