Query on Recessions

[Carrol Cox <cbcox@xxxxxxxxx>]

Is it not correct that fairly frequent recessions are a necessity of the
capitalist system? And certainly, in practice, they have been happening
every five to ten years for a couple of centuries.

But both on this list and in the financial columns of the media everyone
is fussing about whether or not a recession is coming. Why so much fuss?
Of course one is coming before too long.

Is there so much fuss because quite a few people think something _worse_
than even a severe recession may be coming?

Carrol