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Is a recession every decade the new normal?

I’ve always heard that there’s a depression approximately every century. We had the Great Depression in the USA in the 1930s. But now we’ve got this major recession with gas and grocery prices through the roof. And this isn’t the first time either. There was another big recession in 2011 when I graduated from college. I remember that one clearly, as I couldn’t get a job for two years. Thankfully I have a good job for now…we’ll see how long it lasts.

Anyway, my point is that we’ve had a major recession both this decade and last. Is this the new cycle? I’m only 34, so I can’t remember if there was a recession in the 1980s…but there definitely wasn’t one in the 2000s or late 1990s.
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IlovePeaches · 22-25, F
it absolutely is a mathematical certainty in a capitalist society.
capitalism only work on growth.. thats why its such a great system in a country that has just be ravaged by war or a revolution. but there isnt endless growth... the wealthier a country becomes the more of a hindrance capitalism becomes because instead of growth it profuces inequality.