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Bubbles Quote by Mark Zandi

“At the center of every recession is a serious imbalance in the economy and mirrored in the financial system. Think subprime mortgage and the Great Recession, or the technology bubble and the early 2000s recession. There are no such imbalances today.” quote by Mark Zandi
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“At the center of every recession is a serious imbalance in the economy and mirrored in the financial system. Think subprime mortgage and the Great Recession, or the technology bubble and the early 2000s recession. There are no such imbalances today.”

Mark Zandi

About This Quote

Source Report: Economic Outlook, 2023

Recessions stem from economic imbalances reflected in finance, but current data shows no such imbalance.

In simple terms: Recessions need imbalances; none now.

Key Takeaway

Monitor systemic risks.

Themes

economics recession imbalances financial system

Mood

cautious informed

Type

economic analytical

When to use this quote

  • investment strategy
  • government planning
  • risk management

Key Concepts

macro‑analysis risk assessment policy response

Questions to Reflect On

  • What early signs should we watch?
  • How can policy pre‑empt hidden imbalances?
A Different Perspective

Hidden factors could still trigger downturns.

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