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It's not a question of "if" or even "when." It's also "why."

Predicting recessions is like predicting the weather. You can’t say exactly where and when the storm will hit, but you can get pretty close — and give people in its path time to prepare.

As a CPA, author, and financial counselor for more than two decades, I’ve seen my share of recessions big and small. Since my specialty is in helping people get out of debt, and since debt is what causes most recessions (think housing bubble), I can often see recessions coming. Like the weather service, I can’t give a specific time, but I can issue a storm warning…

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The views and opinions expressed in this article are those of the author(s) and do not necessarily reflect the opinions and/or policies of Debt.com.

About the Author

Howard Dvorkin, CPA

Howard Dvorkin, CPA

Dvorkin is the author of Credit Hell and Power Up and Chairman of Debt.com.

Published by Debt.com, LLC Mobile users may also access the AMP Version: 5 Warning Signs A Recession Is Coming — And What You Can Do About It - AMP.