New to this group; I would characterize myself as a lucky investor who jumped into Tesla at the right time. I don't know a lot about Markets/Economics, just enough to get what I see on CNBC.
I read a lot of doom and gloom in here about a depression/recession; but why is there one that is so eminent? I was doing a little reading recently, no government (In a "modern" economy - and a modern social/economic milieu) has carried as much of a fiscal deficit as England did after the Napoleonic Wars. The Deficit they ran (proportionally) was over twice what we're running in the United States.
Now I want to be clear about something here; I am not contesting that because we're not as deeply in debt that we are therefore running a responsible economic policy. We're clearly not; but things don't just get worse - they get better too. People are irresponsible, bad things happen - but people change, things change, things get better as well as worse.
Why is it that our country, our economy, and everything else is only going to get worse - and not better? What is the reasoning behind the belief that we're heading towards a recession. Please explain it to me as you would a young child, or a golden retriever.