Saturday, June 4, 2022

Is 'Normalcy Bias' Blinding Us To The Looming Economic Storm?

Is 'Normalcy Bias' Blinding Us To The Looming Economic Storm?

Average people are worried about the economy. Consumer confidence has been falling. People undoubtedly feel the squeeze of inflation. But despite their general discontent, most people don’t seem to think a severe economic downturn is imminent - despite many warning signs. Why not?