I'm not an economist, I'm just a guy, but when I look at the big picture, I see nothing but opportunity. We need more houses, which means construction and jobs. We don't have enough skilled labor, yet we have loads of people who say they want better paying jobs, IE: it's a training / skills problem and it's a pay problem, it's not entirely a bodies problem. We're at the start of a mass switchover to renewable energy in the world economy, and that's only going to mean jobs, revenue, innovation, etc. It's easier and cheaper than ever to innovate with software, meaning entrepreneurial opportunities. While college is expensive, access to education and information is borderline free, meaning more people can be more knowledgeable than at any time in history. Point is - all of these things should be economic catalysts and any recession is bound to be short-lived, especially since in the big picture the past few have all been relatively brief and there were clearer reasons for those to have occurred.

Someone will probably talk about cost of capital and that kind of thing, but there's always money sitting on the sidelines somewhere and the market has a way of adapting to these things too.