> We aren't anywhere close to being in a depression though.
This may be true in the economic sense. But “depression” is as much a political sensation as it is a technically defined economic term. We happen to live in an era where economics for the public is profoundly politicized.
The problem: what if the government fails to provide a competitive entrant?
We must NOT expect the government to excel at anything. We must assume it is, and will always be, a mediocre follower of established playbooks. To ensure the government accomplishes X, we must stress in the playbook that X is mandated and cannot be compromised in any way.
1. It is possible that every universe is formed in a blackhole – an infinite universe-blackhole-universe chain. We don’t know what “infinity” means in this scenario, so we can’t simply rule it out. For comparison, Aristotle ruled out an infinite chain of causes, which we now know (with the help of hindsight, of course) is a flawed conclusion.
2. We don’t know whether our universe is big or small compared with other universes. We don’t know whether, or how, it makes sense to compare sizes between universes.
Big Bang is arguably the biggest speculation in modern science.
This may be true in the economic sense. But “depression” is as much a political sensation as it is a technically defined economic term. We happen to live in an era where economics for the public is profoundly politicized.