On the other hand, is it possible it's a self-fulfilling prophecy? | Hacker News

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		notJim on Aug 14, 2019 \| parent \| context \| favorite \| on: Yield Curves Invert in U.S., U.K On the other hand, is it possible it's a self-fulfilling prophecy?

TearsInTheRain on Aug 14, 2019 [–]

Definitely, if people collectively start acting more cautiously and spend less the economy will contract.

malandrew on Aug 14, 2019 | [–]

Economic contraction isn't necessarily a bad thing so long as it is a cautious, thoughtful and controlled contraction that gets rid of the kind of spoilage that festers into a crash.

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