Good piece thanks for sharing. The only thing I take exception with is the implication in the title that just because a recession is coming means there might be another financial crisis… recessions are a normal part of the business cycle. The financial crisis was brought on by a very specific set of circumstances. The lack of liquidity in the economy is what made it a crisis. Not an inverted yield curve.
Anyway, great work. I don’t mean to sound critical. I think we have all been so scared by the 2008 crisis that we expect the next crisis to be around the corner at all times.