The United States economy is a much more fragile thing than most people realize. Even though it is the most robust economy today, it can be taken down in a moment. Keeping the economy intact is a constant balancing act, like trying to keep any number of balls in the air at one time.

Truth be told, nobody fully understands the economy, not even those who make their living explaining it. That’s mostly because the American economy is too complex, with too many interrelated parts, for anyone to keep track of it all. Financial professionals, who are supposed to understand it, focus on individual companies or their stocks, as well as trends, extrapolating pronouncements about whole sections of the economy from those examples.

Yet, the American economy is the most robust economy in the world, impacting the economies of all other countries. When things go good in the USA, they go good for the world; but when they go bad, it affects the whole world too. We saw that when we were in the 2008/2009 recession.

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