If Buddha won't come to the mountain, the mountain must come to Buddha

I think I missed up the proverb. Anyways, I posted a while back that a recession was impossible so long as short-term rates are lower than long-term rates. So the Fed can avoid a recession by keeping short-term rates near zero.

 But recessions are inevitable and impossible to avoid. Therefore, long term rates must drop. I think the 10-year rate could drop below 1.5% and the 30-year rate could drop below 2.0%. We will see.

Update: The 10-year German rate is at 1.08%.