David Blanchflower forecasted Recession

The video discusses economic predictions, focusing on the debate between David Blanchflower and Andrew Sentence regarding interest rates and inflation. Blanchflower warns of a potential recession, while Sentence argues for normalizing interest rates to control inflation. The video examines current economic indicators like house prices and GDP, and highlights the implications of rising interest rates on debt and borrowing.

How long did it take to get the economy back on an even keel with low inflation?

What potential impact does the text suggest will occur when interest rates rise?