Do you think the economy makes sense?

This is a bit of an odd question, but there was a post yesterday linking to an article titled “The economy just does make sense anymore”. It didn’t get much traction, perhaps because it was a Vox article, but I was looking forward to discussion in the comments because I was surprised how much I agreed with its premise.

Link to previous thread: https://news.ycombinator.com/item?id=33875899

This article reviewed on several components of the current economy over the past few years. More from my own brain, here’s my list of “weird” aspects of our current economy:

* soaring and stagnating housing sector * tumult in the Stock market (soaring 20/21, tumbling 2022) * plateau consumer spending, consumer still “holding in” * Inflation and increase in consumer spending. Related: the end of cheap debt. * Supply chain chaos * Popular sentiment and reporting of looming recession * Uncertainties in global markets, major international relations crises * Crypto (let’s not get too caught up in this one, pretty please) * Strong employment

I’m coming from a US perspective, and asking more as a sentiment of person opinions rather than a desire to debate and analyze and analyze a topic as complex as this one, or the dubiousness of answering such a question.

I do think the economy is weird, and I admit I do expect tougher times are ahead, but I don’t have any idea whether to expect stagnation, recession, or worse. What about you?

[Dang: Not sure if this sort of self post breaks the rules. Moderate as you please.]