We could certainly see a long term adjustment in the value of the markets, but since a recession is determined by negative GDP for two consecutive quarters, a permanent recession almost certainly not going to happen. Multiple quarters of negative GDP? Sure, it’s possible, but permanent negative GDP would mean that the US GDP would eventually become zero, nothing, and that’s simply not going to happen.

AI, and it’s ethereal bubble, could certainly trigger a seismic upheaval in the US and world economy, hopefully triggering a response by the people and their future elected representatives to throttle it before it can do even more damage.

BTW, Miles Taylor is an opportunistic coward.

is a major payoff for the bribing class.