The recession everyone expected never arrived, even after higher interest rates, bank failures, inflation, rising credit card debt, and recession warning signs. So why has the economy stayed so resilient, and has the recession simply been delayed?

In this video, I break down why so many economists expected a recession, what's been keeping the economy afloat, and why it can still feel like a recession for many Americans. We'll discuss Federal Reserve interest rates, government spending, the AI investment boom, the stock market, housing affordability, inflation, national debt, consumer spending, and why history reminds us that financial risks often build quietly before they suddenly appear.