Most recessions trace back to central banks botching rates, regulators asleep at the wheel, or governments juicing bubbles. '08 wasn't weather鈥攊t was policy. Cycles don't just happen, they're made.
Recessions are mostly policy failures. Smart fiscal and monetary policy can cool bubbles, support demand, and stop shocks from turning into mass layoffs.
Recessions are just the economy breathing out. They naturally clear out bad debt and inefficient businesses so healthy growth can start again.
Central banks spark recessions with easy money bubbles then slam the brakes. Sound policy kills the cycle.
