How do you measure whether there's a crisis without resorting to feelings? | Hacker News

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		Schiendelman on Dec 5, 2024 \| parent \| context \| favorite \| on: Why America's economy is soaring ahead of its riva... How do you measure whether there's a crisis without resorting to feelings?

nielsbot on Dec 5, 2024 [–]

I think you can study statistics and surveys about this. For example, is the number of people reporting that essentials (rent, food, gas) are unaffordable? Are mortgage defaults rising? Is credit card debt rising? And for all of these, which people are affected?

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