Comment by sputknick
10 hours ago
Best I can do is point out that much of American economic history for the past 300 years has been stumbling from crisis to crisis, and somehow we muddle through. A good book to understand this is https://a.co/d/0aTW4L6D
I don't disagree, but I'd point out that this is a weak steeleman. Essentially it's, "past performance guarantees future results."
We only have a limited sample size of economic data.