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The Economist - "Blue-collar wages are surging. Can it last?"

Mircea said:
No, we're not.

The longest economic expansion was 120 months.

We're currently in month 103 of the current expansion.
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Why is it you think we must exceed the longest expansion in economic history in order to be overdue for a recession? Do you understand how statistics work?
 
Spartacus FPV said:
Why is it you think we must exceed the longest expansion in economic history in order to be overdue for a recession? Do you understand how statistics work?
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I understand statistics. I also understand statistics haven't predicted any recessions, nor have they correctly predicted periods of economic expansions.

Actions and circumstances carry more weight than statistics ever could.
 
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