The Next Economic Downturn Will Be Painful PREVIEW by Chris Martenson There are numerous indicators that a recession is on the way. Unfortunately, for the Federal Reserve and its slavish devotion to the stock and bond markets it values far more highly than humans, it is committed to a rate hike cycle and balance sheet reductions. If it veers off of those even before it gets… The Next Economic Downturn Will Be Painful PREVIEW by Chris Martenson There are numerous indicators that a recession is on the way. Unfortunately, for the Federal Reserve and its slavish devotion to the stock and bond markets it values far more highly than humans, it is committed to a rate hike cycle and balance sheet reductions. If it veers off of those even before it gets…