Why did the vibes suddenly turn bad in 2021, and not 2017, 2009, 1979? Why did “vibes” not seem to even matter in economic sentiment until 2021? There’s no indication prior to recent years that this was even a factor. And then suddenly it was!
Ryan HumphreyIt’s not that deep. The vibes in general are terrible, and people are projecting that onto the economy No one feels like the economy can be good while everything else they care about is bad. If everyone you know is panicking and the some pollster asks ”how’s the economy?”, you’re going to say “bad”