
Before the hilarious Morgan Stanley report—which says that we're "hovering dangerously close to a recession" and then says that "policy errors" have to do with their vote of no confidence in the U.S. markets, by which they mean "make us and/or give us much more money" and/or "don't cut government spending"—came the Goldman Sachs report, which put forward the idea of the U.S. economy being a plane, a plane that can stall, just like a real plane, if GDP growth is below 2%. One of their top two concerns? "US fiscal tightening." (In the end, just FYI, they put the possibility of a "new" recession at 1 in [...]