The U.S. Isn’t Prepared for the Next Recession

Maybe it will start with a failed initial public offering, followed by the revelation of widespread fraud in Silicon Valley. Perhaps energy prices will spike, sapping the finances of anyone who drives a car to work. Maybe a foreign crisis will cause a credit crunch, or President Trump will spark a global trade war. A recession might seem like a distant concern, with the latest data showing that the current, extraordinarily economic long expansion just keeps humming along.
Read more: https://www.theatlantic.com/business/archive/2017/10/next-recession-prepared/544391/?source=Snapzu