Is US Plunging Into A Recession Or Already In One?

Wow, so many videos and posts recently with regard to the private credit crisis in US. The First Brands and Tricolor bankruptcies have scared the “sheet” out of many people. The AI bubble also seems to be worsening with many investors and experts sounding alarm with regard to Open AI Sam Altman’s management team proposing idea of a backstop guarantee by the US government to lower financing cost for its chips investment and data centres setup. High AI CAPEX spending but low profit generation maybe a recipe for imminent financial disaster?